Landis+Gyr Group’s (VTX:LAND) Upcoming Dividend Will Be Larger Than Last Year’s
The board of Landis+Gyr Group AG (VTX:LAND) has announced that it will be paying its dividend of $2.20 on the 28th of June, an increased payment from last year’s comparable dividend. This will take the dividend yield to an attractive 2.7%, providing a nice boost to shareholder returns.
Check out our latest analysis for Landis+Gyr Group
Landis+Gyr Group’s Dividend Is Well Covered By Earnings
We like to see robust dividend yields, but that doesn’t matter if the payment isn’t sustainable. Based on the last payment, Landis+Gyr Group was earning enough to cover the dividend, but free cash flows weren’t positive.
