SEK News: SEEK (ASX:SEK) Is Increasing Its Dividend To A$0.23 - 18th Aug 2023, 6:35am

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SEEK Limited (ASX:SEK) has announced that it will be increasing its periodic dividend on the 3rd of October to A$0.23, which will be 9.5% higher than last year's comparable payment amount of A$0.21. This will take the dividend yield to an attractive 1.9%, providing a nice boost to shareholder returns.

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SEEK's Payment Has Solid Earnings Coverage

While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. The las...

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