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SEEK Limited (ASX:SEK) will increase its dividend from last year's comparable payment on the 3rd of October to A$0.23. This makes the dividend yield 2.0%, which is above the industry average.
View our latest analysis for SEEK
SEEK's Dividend Is Well Covered By Earnings
While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. Before making this announcement, SEEK was paying out quite a large proportion of both earnings and cash flow, with t...
>>> Read more: SEEK (ASX:SEK) Has Announced That It Will Be Increasing Its Dividend To A$0.23
View our latest analysis for SEEK
SEEK's Dividend Is Well Covered By Earnings
While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. Before making this announcement, SEEK was paying out quite a large proportion of both earnings and cash flow, with t...
>>> Read more: SEEK (ASX:SEK) Has Announced That It Will Be Increasing Its Dividend To A$0.23