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Wesfarmers Limited's (ASX:WES) dividend will be increasing from last year's payment of the same period to A$1.07 on 9th of October. This makes the dividend yield 2.7%, which is above the industry average.
View our latest analysis for Wesfarmers
Wesfarmers' Payment Has Solid Earnings Coverage
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 comparatively small 64% of free cash flows. This...
>>> Read more: Wesfarmers (ASX:WES) Will Pay A Larger Dividend Than Last Year At A$1.07
View our latest analysis for Wesfarmers
Wesfarmers' Payment Has Solid Earnings Coverage
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 comparatively small 64% of free cash flows. This...
>>> Read more: Wesfarmers (ASX:WES) Will Pay A Larger Dividend Than Last Year At A$1.07
