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Reece Limited (ASX:REH) will increase its dividend from last year's comparable payment on the 26th of October to A$0.15. Despite this raise, the dividend yield of 1.5% is only a modest boost to shareholder returns.
View our latest analysis for Reece
Reece'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. Before making this announcement, Reece was paying a whopping 685% as a...
>>> Read more: Reece (ASX:REH) Has Announced That It Will Be Increasing Its Dividend To A$0.15
View our latest analysis for Reece
Reece'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. Before making this announcement, Reece was paying a whopping 685% as a...
>>> Read more: Reece (ASX:REH) Has Announced That It Will Be Increasing Its Dividend To A$0.15
