SRV News: Servcorp (ASX:SRV) Is Increasing Its Dividend To AU$0.10 - 26th Feb 2022, 9:16am

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Servcorp Limited (ASX:SRV) will increase its dividend on the 6th of April to AU$0.10. This will take the annual payment to 4.9% of the stock price, which is above what most companies in the industry pay.

Check out our latest analysis for Servcorp

Servcorp's Payment Has Solid Earnings Coverage

If the payments aren't sustainable, a high yield for a few years won't matter that much. The last payment made up 92% of earnings, but cash flows were much higher. Since the dividend is just paying out c...

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