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Nick Scali Limited (ASX:NCK) will increase its dividend from last year's comparable payment on the 24th of October to A$0.35. This makes the dividend yield about the same as the industry average at 7.0%.
View our latest analysis for Nick Scali
Nick Scali's Dividend Is Well Covered By Earnings
Unless the payments are sustainable, the dividend yield doesn't mean too much. Before this announcement, Nick Scali was paying out 76% of earnings, but a comparatively small 55% of free cash flows. In ge...
>>> Read more: Nick Scali's (ASX:NCK) Shareholders Will Receive A Bigger Dividend Than Last Year
View our latest analysis for Nick Scali
Nick Scali's Dividend Is Well Covered By Earnings
Unless the payments are sustainable, the dividend yield doesn't mean too much. Before this announcement, Nick Scali was paying out 76% of earnings, but a comparatively small 55% of free cash flows. In ge...
>>> Read more: Nick Scali's (ASX:NCK) Shareholders Will Receive A Bigger Dividend Than Last Year
