Pearson Announces Dividend of £0.078, Future Dividend Projections Appear Well Covered by Earnings

Pearson (LON:PSON) has announced a dividend of £0.078, with an annual payment of 2.2% of the current stock price, which is average for the industry. The dividend appears well-covered by earnings, with EPS set to grow by 11.2% next year. While the company has cut the dividend in the past, the trend in earnings per share is positive, and the payout ratio is expected to be around 29% by next year, which is considered sustainable. Overall, Pearson's dividend looks attractive and is expected to continue growing in the future.