Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see Breville Group Limited (ASX:BRG) is about to trade ex-dividend in the next 4 days. Investors can purchase shares before the 14th of September in order to be eligible for this dividend, which will be paid on the 8th of October.
Breville Group’s next dividend payment will be AU$0.20 per share, on the back of last year when the company paid a total of AU$0.41 to shareholders. Calculating the last year’s worth of payments shows that Breville Group has a trailing yield of 1.5% on the current share price of A$27.02. If you buy this business for its dividend, you should have an idea of whether Breville Group’s dividend is reliable and sustainable. That’s why we should always check whether the dividend payments appear sustainable, and if the company is growing.