Eagers Automotive Limited’s (ASX:APE) dividend will be increasing from last year’s payment of the same period to A$0.50 on 28th of March. This makes the dividend yield about the same as the industry average at 5.3%.
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Eagers Automotive’s Payment Has Solid Earnings Coverage
We like to see a healthy dividend yield, but that is only helpful to us if the payment can continue. Prior to this announcement, Eagers Automotive’s dividend was…
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