SUL News: Super Retail Group's (ASX:SUL) Dividend Is Being Reduced To AU$0.27 - 24th Feb 2022, 9:55am

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Super Retail Group Limited (ASX:SUL) is reducing its dividend to AU$0.27 on the 14th of April. This means the annual payment is 7.3% of the current stock price, which is above the average for the industry.

See our latest analysis for Super Retail Group

Super Retail Group Doesn't Earn Enough To Cover Its Payments

We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. Before making this announcement, Super Retail Group was paying out quite a large propo...

>>> Read more: Super Retail Group's (ASX:SUL) Dividend Is Being Reduced To AU$0.27
 
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