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The Lottery Corporation Limited (ASX:TLC) will increase its dividend from last year's comparable payment on the 25th of September to A$0.105. This makes the dividend yield 3.8%, which is above the industry average.
Check out our latest analysis for Lottery
Lottery's Dividend Is Well Covered By Earnings
A big dividend yield for a few years doesn't mean much if it can't be sustained. Before making this announcement, Lottery's was paying out quite a large proportion of earnings and 94% of free c...
>>> Read more: Lottery (ASX:TLC) Is Paying Out A Larger Dividend Than Last Year
Check out our latest analysis for Lottery
Lottery's Dividend Is Well Covered By Earnings
A big dividend yield for a few years doesn't mean much if it can't be sustained. Before making this announcement, Lottery's was paying out quite a large proportion of earnings and 94% of free c...
>>> Read more: Lottery (ASX:TLC) Is Paying Out A Larger Dividend Than Last Year