SUNPG News: Suncorp Group (ASX:SUN) Will Pay A Smaller Dividend Than Last Year - 11th Aug 2022, 6:16am

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Suncorp Group Limited (ASX:SUN) is reducing its dividend from last year's comparable payment to A$0.17 on the 21st of September. The dividend yield will be in the average range for the industry at 3.5%.

Check out our latest analysis for Suncorp Group

Suncorp Group's Payment Has Solid Earnings Coverage

We like to see a healthy dividend yield, but that is only helpful to us if the payment can continue. The last payment made up 74% of earnings, but cash flows were much higher. Since the dividend...

>>> Read more: Suncorp Group (ASX:SUN) Will Pay A Smaller Dividend Than Last Year
 
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