SDF News: Steadfast Group (ASX:SDF) Is Increasing Its Dividend To AU$0.052 - 27th Feb 2022, 10:05am

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The board of Steadfast Group Limited (ASX:SDF) has announced that the dividend on 23rd of March will be increased to AU$0.052, which will be 18% higher than last year. Although the dividend is now higher, the yield is only 2.6%, which is below the industry average.

See our latest analysis for Steadfast Group

Steadfast Group's Earnings Easily Cover the Distributions

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

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