WES News: Wesfarmers' (ASX:WES) Shareholders Will Receive A Bigger Dividend Than Last Year - 29th Aug 2023, 6:06am

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Wesfarmers Limited's (ASX:WES) dividend will be increasing from last year's payment of the same period to A$1.03 on 5th of October. This will take the dividend yield to an attractive 3.7%, providing a nice boost to shareholder returns.

Check out our latest analysis for Wesfarmers

Wesfarmers' Dividend Is Well Covered By Earnings

A big dividend yield for a few years doesn't mean much if it can't be sustained. Before this announcement, Wesfarmers was paying out 88% of earnings, but a comparative...

>>> Read more: Wesfarmers' (ASX:WES) Shareholders Will Receive A Bigger Dividend Than Last Year
 
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