MTS News: Metcash's (ASX:MTS) Dividend Will Be A$0.11 - 7th Dec 2023, 7:35am

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Metcash Limited (ASX:MTS) will pay a dividend of A$0.11 on the 30th of January. The yield is still above the industry average at 6.3%.

See our latest analysis for Metcash

Metcash's Dividend Is Well Covered By Earnings

If the payments aren't sustainable, a high yield for a few years won't matter that much. The last payment made up 78% of earnings, but cash flows were much higher. Since the dividend is just paying out cash to shareholders, we care more about the cash payout ratio from which we ...

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