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Metcash Limited (ASX:MTS) has announced that on 27th of August, it will be paying a dividend ofA$0.085, which a reduction from last year's comparable dividend. The dividend yield of 4.6% is still a nice boost to shareholder returns, despite the cut.
Check out our latest analysis for Metcash
Metcash's Payment Has Solid Earnings Coverage
A big dividend yield for a few years doesn't mean much if it can't be sustained. The last payment made up 76% of earnings, but cash flows were much higher. Sin...
>>> Read more: Metcash's (ASX:MTS) Shareholders Will Receive A Smaller Dividend Than Last Year
Check out our latest analysis for Metcash
Metcash's Payment Has Solid Earnings Coverage
A big dividend yield for a few years doesn't mean much if it can't be sustained. The last payment made up 76% of earnings, but cash flows were much higher. Sin...
>>> Read more: Metcash's (ASX:MTS) Shareholders Will Receive A Smaller Dividend Than Last Year
