SNL News: Supply Network (ASX:SNL) Will Pay A Larger Dividend Than Last Year At A$0.20 - 1st Aug 2022, 8:18am

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Supply Network Limited's (ASX:SNL) periodic dividend will be increasing on the 3rd of October to A$0.20, with investors receiving 67% more than last year's A$0.12. This takes the annual payment to 2.4% of the current stock price, which is about average for the industry.

View our latest analysis for Supply Network

Supply Network's Payment Has Solid Earnings Coverage

We aren't too impressed by dividend yields unless they can be sustained over time. The last dividend was quite comfortably covere...

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