Phibro Animal Health Announces $0.12 Dividend Payment with 0.9% Yield, Sustainable Earnings Coverage, and Stable Dividend History.

Phibro Animal Health (NASDAQ:PAHC) has announced a dividend of $0.12 per share on March 25. The dividend yield is 0.9%, below the industry average. With predictable earnings coverage, the payout ratio is expected to be 16% next year, making the dividend sustainable. The company has a stable dividend history, with growth in earnings per share of 16% over the past five years. The dividend looks likely to grow, making Phibro Animal Health a great income investment.