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The board of Metcash Limited (ASX:MTS) has announced that it will be increasing its dividend on the 10th of August to AU$0.11. This makes the dividend yield 5.1%, which is above the industry average.
See our latest analysis for Metcash
Metcash's Payment Has Solid Earnings Coverage
Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. Prior to this announcement, Metcash's dividend made up quite a large proportion of earnings but only 68% of free ...
>>> Read more: Metcash's (ASX:MTS) Shareholders Will Receive A Bigger Dividend Than Last Year
See our latest analysis for Metcash
Metcash's Payment Has Solid Earnings Coverage
Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. Prior to this announcement, Metcash's dividend made up quite a large proportion of earnings but only 68% of free ...
>>> Read more: Metcash's (ASX:MTS) Shareholders Will Receive A Bigger Dividend Than Last Year
