NWL News: Netwealth Group (ASX:NWL) Is Increasing Its Dividend To A$0.11 - 18th Feb 2023, 8:09am

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The board of Netwealth Group Limited (ASX:NWL) has announced that it will be paying its dividend of A$0.11 on the 24th of March, an increased payment from last year's comparable dividend. Even though the dividend went up, the yield is still quite low at only 1.6%.

See our latest analysis for Netwealth Group

Netwealth Group's Dividend Is Well Covered By Earnings

The dividend yield is a little bit low, but sustainability of the payments is also an important part of evaluating an income stock. P...

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