RWC News: Reliance Worldwide (ASX:RWC) Will Pay A Smaller Dividend Than Last Year - 5th Mar 2024, 7:25am

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Reliance Worldwide Corporation Limited (ASX:RWC) is reducing its dividend from last year's comparable payment to $0.0346 on the 5th of April. The yield is still above the industry average at 2.6%.

While the dividend yield is important for income investors, it is also important to consider any large share price moves, as this will generally outweigh any gains from distributions. Investors will be pleased to see that Reliance Worldwide's stock price has increased by 42% in the last 3 months, whic...

>>> Read more: Reliance Worldwide (ASX:RWC) Will Pay A Smaller Dividend Than Last Year
 
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