WOW News: Woolworths Group's (ASX:WOW) Upcoming Dividend Will Be Larger Than Last Year's - 26th Aug 2023, 6:10am

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Woolworths Group Limited (ASX:WOW) has announced that it will be increasing its dividend from last year's comparable payment on the 27th of September to A$0.58. Despite this raise, the dividend yield of 2.8% is only a modest boost to shareholder returns.

See our latest analysis for Woolworths Group

Woolworths Group's Payment Has Solid Earnings Coverage

It would be nice for the yield to be higher, but we should also check if higher levels of dividend payment would be sustainable. Prior to this...

>>> Read more: Woolworths Group's (ASX:WOW) Upcoming Dividend Will Be Larger Than Last Year's
 
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