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Woolworths Group Limited (ASX:WOW) has announced it will be reducing its dividend payable on the 13th of April to AU$0.39. The dividend yield of 21% is still a nice boost to shareholder returns, despite the cut.
Check out our latest analysis for Woolworths Group
Woolworths Group Is Paying Out More Than It Is Earning
A big dividend yield for a few years doesn't mean much if it can't be sustained. At the time of the last dividend payment, Woolworths Group was paying out a very large proportion ...
>>> Read more: Woolworths Group's (ASX:WOW) Dividend Will Be Reduced To AU$0.39
Check out our latest analysis for Woolworths Group
Woolworths Group Is Paying Out More Than It Is Earning
A big dividend yield for a few years doesn't mean much if it can't be sustained. At the time of the last dividend payment, Woolworths Group was paying out a very large proportion ...
>>> Read more: Woolworths Group's (ASX:WOW) Dividend Will Be Reduced To AU$0.39