United Overseas Australia Ltd (ASX:UOS) Is About To Go Ex-Dividend, And It Pays A 6.5% Yield
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 04 2024
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Source: Yahoo Finance
- United Overseas Australia Ltd Ex-Dividend Date: The company is about to trade ex-dividend in 4 days, with the ex-dividend date one day before the record date.
- Dividend Information: United Overseas Australia's next dividend payment will be AU$0.02 per share, with a trailing yield of 6.5% based on last year's total dividend distribution.
- Assessment of Dividend Sustainability: The company's dividend payout ratio is 80% of profit, but it paid out just 21% of its free cash flow last year, indicating sustainability.
- Earnings and Dividends Growth: Earnings per share have fallen by approximately 7.5% annually over the past five years, raising concerns about future dividend sustainability.
- Investment Recommendation: While the dividend appears sustainable based on payout ratios, declining earnings pose a threat to future dividends, making it a cautious investment choice.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
