Published on 21 Jul 2024 on Simply Wall St. · via Yahoo Finance
BT Group (LON:BT.A) Is Increasing Its Dividend To £0.0569
BT Group plc's (LON:BT.A) periodic dividend will be increasing on the 11th of September to £0.0569, with investors receiving 5.6% more than last year's £0.0539. This will take the annual payment to 5.7% of the stock price, which is above what most companies in the industry pay.
While the dividend yield is important for income investors, it is also important to consider any large share price moves, as this will generally outweigh any gains from distributions. Investors will be pleased to see that BT Group's stock price has increased by 32% in the last 3 months, which is good for shareholders and can also explain a decrease in the dividend yield.