Wesfarmers dividend announcement
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Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More. At the time of writing, the ASX has lifted by 0. This ASX industrial and retail conglomerate is having a stellar day today. While the ASX has gained 0. So it's been a wonderful day to own Wesfarmers shares. But this enthusiastic share price pop has a catalyst.
Wesfarmers dividend announcement
Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More. One of the biggest names on the ASX reported its latest earnings yesterday. And income investors , in particular, will be delighted by the latest Wesfarmers dividend. As we covered on Thursday , these earnings have been well received by investors, who sent the Wesfarmers share price up to a fresh new week high yesterday. It's not hard to see why. As my Fool colleague dug into , Wesfarmers delivered a pleasing set of green figures. Revenues for the six months to 31 December rose by 0. Earnings before interest and tax EBIT were up 1. But let's talk about the Wesfarmers dividend.
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Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More. The diversified business has released its FY23 result to shareholders, which included another year of growth. In FY23, Wesfarmers grew revenue by The ex-dividend date for the FY23 final dividend is 30 August , which is very soon — it's the middle of next week! This means investors need to own Wesfarmers shares by the end of 29 August's trading to be entitled to this upcoming payment. If investors want to take part in the dividend reinvestment plan DRP , the election date cut-off is 1 September at 7pm. There is no discount price on the shares if shareholders take part in the DRP. Based on the current Wesfarmers share price, the full-year dividend equates to a grossed-up dividend yield of 5. March 11, James Mickleboro.
Wesfarmers dividend announcement
Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More. Shareholders will want to know about the Wesfarmers dividend. In the financial year, it said that revenue rose by 8. Net profit after tax NPAT fell 1. Second half net profit after tax rose This represented an increase of Wesfarmers said that the ex-dividend date for the final dividend is 31 August The dividend is expected to be paid on 6 October
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Schedule a call. Prices are indicative only. Compound Interest Calculator New. TipRanks Community. Economic Indicators Center. Wesfarmers was clearly pleased with what it had to tell investors today and also flagged that FY was going well for the company thus far. Make payment Proceed. Dividend Yield Today 3. How To Use TipRanks. View our membership page for more information. Start a chat. Working with TipRanks. Updating information Please wait Resend code.
The next Wesfarmers Limited dividend went ex 19 days ago for 91c and will be paid in 17 days. The previous Wesfarmers Limited dividend was c and it went ex 6 months ago and it was paid 5 months ago. There are typically 2 dividends per year excluding specials , and the dividend cover is approximately 2.
Click here. Two-Factor Authentication. Top Insiders Stocks. Mar 28, Looking for more…. Dividend Aristocrats. Intelligent Investor Membership. Plugging in the newly announced dividend, we get a forward dividend yield of 3. Upgrade Today. Email is required. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. This Thursday's gains for the Wesfarmers share price puts the company up 7. Purchase order.
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