PPC News: Peet (ASX:PPC) Is Increasing Its Dividend To A$0.035 - 26th Feb 2023, 10:42am

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Peet Limited's (ASX:pPC) periodic dividend will be increasing on the 13th of April to A$0.035, with investors receiving 56% more than last year's A$0.0225. This makes the dividend yield 5.6%, which is above the industry average.

View our latest analysis for Peet

Peet's Dividend Is Well Covered By Earnings

We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. The last dividend was quite easily covered by Peet's earnings. This indicates that a lot of t...

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