Dividend-paying stocks are often sought after for their potential to provide investors with a steady stream of income. However, high payout ratios, such as those seen with Corby Spirit and Wine, raise important questions about the sustainability of these dividends. In this context, understanding the balance between attractive yields and financial health is crucial for investors looking to make informed decisions.
Corby Spirit and Wine Ltd (TSE:CSW.A – Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$13.00 and traded as high as C$13.43. Corby Spirit and Wine shares last traded at C$13.30, with a volume of 3,620 shares changing hands. Corby […]