Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see Australian Finance Group Limited (ASX:AFG) is about to trade ex-dividend in the next four days. You will need to purchase shares before the 9th of September to receive the dividend, which will be paid on the 29th of September.
Australian Finance Group’s next dividend payment will be AU$0.047 per share, and in the last 12 months, the company paid a total of AU$0.10 per share. Based on the last year’s worth of payments, Australian Finance Group has a trailing yield of 5.8% on the current stock price of A$1.75. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to investigate whether Australian Finance Group can afford its dividend, and if the dividend