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The board of Orica Limited (ASX:ORI) has announced that it will pay a dividend of A$0.19 per share on the 3rd of July. Even though the dividend went up, the yield is still quite low at only 2.3%.
See our latest analysis for Orica
Orica's Payment Has Solid Earnings Coverage
Even a low dividend yield can be attractive if it is sustained for years on end. However, prior to this announcement, Orica's dividend was comfortably covered by both cash flow and earnings. This means that most of what the...
>>> Read more: Orica (ASX:ORI) Will Pay A Dividend Of A$0.19
See our latest analysis for Orica
Orica's Payment Has Solid Earnings Coverage
Even a low dividend yield can be attractive if it is sustained for years on end. However, prior to this announcement, Orica's dividend was comfortably covered by both cash flow and earnings. This means that most of what the...
>>> Read more: Orica (ASX:ORI) Will Pay A Dividend Of A$0.19
