UMG News: United Malt Group (ASX:UMG) Will Pay A Smaller Dividend Than Last Year - 25th May 2022, 6:31am

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United Malt Group Limited's (ASX:UMG) dividend is being reduced by 25% to AU$0.015 per share on 17th of June. This means that the annual payment is 1.3% of the current stock price, which is lower than what the rest of the industry is paying.

View our latest analysis for United Malt Group

United Malt Group's Dividend Is Well Covered By Earnings

If it is predictable over a long period, even low dividend yields can be attractive. Before this announcement, United Malt Group was paying out 144% of...

>>> Read more: United Malt Group (ASX:UMG) Will Pay A Smaller Dividend Than Last Year
 
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