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Lycopodium Limited's (ASX:LYL) dividend will be increasing to AU$0.18 on 7th of April. This takes the dividend yield to 6.1%, which shareholders will be pleased with.
View our latest analysis for Lycopodium
Lycopodium's Earnings Easily Cover the Distributions
If the payments aren't sustainable, a high yield for a few years won't matter that much. Prior to this announcement, Lycopodium's dividend was only 56% of earnings, however it was paying out 1,394% of free cash flows. This signals that t...
>>> Read more: Lycopodium (ASX:LYL) Is Increasing Its Dividend To AU$0.18
View our latest analysis for Lycopodium
Lycopodium's Earnings Easily Cover the Distributions
If the payments aren't sustainable, a high yield for a few years won't matter that much. Prior to this announcement, Lycopodium's dividend was only 56% of earnings, however it was paying out 1,394% of free cash flows. This signals that t...
>>> Read more: Lycopodium (ASX:LYL) Is Increasing Its Dividend To AU$0.18
