WOR News: Worley (ASX:WOR) Will Pay A Dividend Of A$0.25 - 30th Aug 2024, 6:26am

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The board of Worley Limited (ASX:WOR) has announced that it will pay a dividend on the 1st of October, with investors receiving A$0.25 per share. This means the dividend yield will be fairly typical at 3.3%.

See our latest analysis for Worley

Worley's Payment Has Solid Earnings Coverage

We aren't too impressed by dividend yields unless they can be sustained over time. Prior to this announcement, Worley's dividend made up quite a large proportion of earnings but only 45% of free cash flows. In...

>>> Read more: Worley (ASX:WOR) Will Pay A Dividend Of A$0.25
 
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