Waterco's (ASX:WAT) Dividend Will Be A$0.08
Waterco Limited (ASX:WAT) has declared a dividend of A$0.08 per share, yielding 2.3%, payable on November 14. The dividend is well-supported by cash flow and earnings, with a projected payout ratio of 49%. Despite a history of dividend cuts, Waterco has shown a solid growth in earnings per share (EPS) at 26% annually over the past five years. The company appears to be a strong dividend stock, with consistent payments and ample cash generation, although investors should be aware of one warning sign before investing.
Simplywall·
