NCK News: Nick Scali's (ASX:NCK) Dividend Is Being Reduced To AU$0.35 - 7th Feb 2022, 8:00am

zeeb0t

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Nick Scali Limited (ASX:NCK) has announced it will be reducing its dividend payable on the 28th of March to AU$0.35. The dividend yield will be in the average range for the industry at 4.0%.

View our latest analysis for Nick Scali

Nick Scali's Dividend Is Well Covered By Earnings

We like a dividend to be consistent over the long term, so checking whether it is sustainable is important. Prior to this announcement, Nick Scali's dividend was comfortably covered by both cash flow and earnings. Th...

>>> Read more: Nick Scali's (ASX:NCK) Dividend Is Being Reduced To AU$0.35
 
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