NRW Holdings (ASX:NWH) Raises Dividend to A$0.095

Dividend Increase Announcement: NRW Holdings Limited will raise its periodic dividend to A$0.095 on October 8, a 5.6% increase from last year's A$0.09, aligning the yield with the industry average of 4.3%.

Stock Performance and Dividend Yield: The company's stock price has surged by 36% in the last three months, which may lead to a decrease in the dividend yield despite the increased payout.

Sustainability Concerns: While the dividend payments have been consistent over the years, they have also faced cuts, raising concerns about their sustainability, especially as earnings per share have declined by 20% annually over the past five years.

Cautious Outlook: Despite the recent dividend increase and projected earnings growth, investors should be cautious due to the company's unstable dividend history and potential warning signs regarding its financial health.