WES News: Wesfarmers' (ASX:WES) Shareholders Will Receive A Bigger Dividend Than Last Year - 30th Aug 2022, 6:26am

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Wesfarmers Limited's (ASX:WES) dividend will be increasing from last year's payment of the same period to A$1.00 on 6th of October. This makes the dividend yield 3.8%, which is above the industry average.

Check out our latest analysis for Wesfarmers

Wesfarmers Doesn't Earn Enough To Cover Its Payments

While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. Prior to this announcement, Wesfarmers' dividend was making up a very large proport...

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