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The board of Adbri Limited (ASX:ABC) has announced it will be reducing its dividend by 3.4% on the 11th of April, with shareholders receiving AU$0.07. The dividend yield of 3.8% is still a nice boost to shareholder returns, despite the cut.
Check out our latest analysis for Adbri
Adbri's Payment Has Solid Earnings Coverage
We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. The last payment was quite easily covered by earnings, but it made up 155% ...
>>> Read more: Adbri (ASX:ABC) Will Pay A Smaller Dividend Than Last Year
Check out our latest analysis for Adbri
Adbri's Payment Has Solid Earnings Coverage
We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. The last payment was quite easily covered by earnings, but it made up 155% ...
>>> Read more: Adbri (ASX:ABC) Will Pay A Smaller Dividend Than Last Year
