TWE News: Treasury Wine Estates (ASX:TWE) Has Announced That It Will Be Increasing Its Dividend To A$0.19 - 21st Aug 2024, 6:54am

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Treasury Wine Estates Limited (ASX:TWE) has announced that it will be increasing its dividend from last year's comparable payment on the 1st of October to A$0.19. This will take the annual payment to 3.0% of the stock price, which is above what most companies in the industry pay.

View our latest analysis for Treasury Wine Estates

Treasury Wine Estates' Payment Has Solid Earnings Coverage

If the payments aren't sustainable, a high yield for a few years won't matter that much. Before making thi...

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