Wesfarmers Limited primarily engages in the retail business in Australia, New Zealand, the United Kingdom, and internationally. The company is involved in the retail sale of building materials, home and garden improvement, and outdoor living products through its Bunnings stores; apparel, homewares, and general merchandise, including toys, leisure, entertainment, home, consumables, electrical products, and accessories; and office products and solutions, such as office supplies, technology, furniture, art supplies, education resources, and helpful services, including print and copy and on-site tech support through its 168 Officeworks stores. It also provides hardware and software repairs, system security solutions, wireless and wired networking services, virus and spyware prevention and removal, and data backup and recovery solutions through Geeks2U. In addition, the company manufactures and supplies ammonia, ammonium nitrate, and industrial chemicals; manufactures, imports, and distributes phosphate, nitrogen, and potassium-based fertilizers in blended, compound, and liquid form; supplies polyvinyl chloride resins used in various products comprising piping, cable insulation, floor coverings, building profiles, packaging, and compounds; produces wood-plastic composite products; and manufactures and distributes sodium cyanide for gold extraction in mining industry. Further, it extracts, markets, and distributes liquefied petroleum gas and liquefied natural gas; supplies and distributes maintenance, repair, operating products, and industrial safety products and services; manufacturers and markets industrial gases and equipment; distributes tools, safety gear, work wear, and industrial supplies; and provides risk management and compliance services, as well as offers property management services and other businesses. Additionally, the company sells its products online. Wesfarmers Limited was founded in 1914 and is headquartered in Perth, Australia.
Wesfarmers Dividend Announcement
• Wesfarmers announced a semi annually dividend of $0.36 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-09-09
• Wesfarmers annual dividend for 2024 was $0.66
• Wesfarmers annual dividend for 2023 was $0.63
• Wesfarmers's trailing twelve-month (TTM) dividend yield is 4.45%
• Wesfarmers's payout ratio for the trailing twelve months (TTM) is 86.04%
• Wesfarmers's dividend growth over the last five years (2018-2023) was -34.04% year
• Wesfarmers's dividend growth over the last ten years (2013-2023) was -5.41% year
Wesfarmers Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-09 | $0.36 | semi annually | 2024-10-24 |
| 2024-02-26 | $0.30 | semi annually | 2024-04-11 |
| 2023-09-05 | $0.33 | semi annually | 2023-10-20 |
| 2023-02-24 | $0.30 | semi annually | 2023-04-12 |
| 2022-09-02 | $0.35 | semi annually | 2022-10-21 |
| 2022-02-25 | $0.29 | semi annually | 2022-04-14 |
| 2021-09-03 | $0.33 | semi annually | 2021-10-22 |
| 2021-02-26 | $0.34 | semi annually | 2021-04-15 |
| 2020-08-28 | $0.34 | semi annually | 2020-10-16 |
| 2020-02-28 | $0.25 | semi annually | 2020-04-15 |
| 2019-09-05 | $0.26 | semi annually | 2019-10-24 |
| 2019-03-01 | $0.71 | semi annually | 2019-04-25 |
| 2018-12-26 | $4.67 | semi annually | |
| 2018-03-02 | $0.40 | semi annually | 2018-04-20 |
| 2017-08-24 | $0.47 | semi annually | 2017-10-13 |
| 2017-02-23 | $0.40 | semi annually | 2017-04-12 |
| 2016-09-01 | $0.36 | semi annually | |
| 2016-03-03 | $0.33 | semi annually | |
| 2015-08-27 | $0.41 | semi annually | |
| 2015-02-26 | $0.35 | semi annually | |
| 2014-11-24 | $0.44 | semi annually | |
| 2014-08-28 | $0.53 | semi annually | |
| 2014-02-27 | $0.38 | semi annually | |
| 2013-11-12 | $0.24 | semi annually | |
| 2013-08-22 | $0.47 | semi annually | |
| 2013-02-21 | $0.40 | semi annually |
Wesfarmers Dividend per year
Wesfarmers Dividend growth
Wesfarmers Dividend Yield
Wesfarmers current trailing twelve-month (TTM) dividend yield is 4.45%. Interested in purchasing Wesfarmers stock? Use our calculator to estimate your expected dividend yield:
Wesfarmers Financial Ratios
P/E ratio15.18
PEG ratio0.10
P/B ratio4.52
ROE30.08%
Payout ratio86.04%
Current ratio1.14
Quick ratio0.40
Cash Ratio0.10
Wesfarmers Dividend FAQ
How much is the next Wesfarmers dividend?
Wesfarmers's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Wesfarmers dividend. The next Wesfarmers dividend will be released in February, or September.
When is Wesfarmers dividend paid?
Wesfarmers pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Wesfarmers pay?
The specific amount of Wesfarmers dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Wesfarmers's dividend history.
Does Wesfarmers stock pay dividends?
Yes, Wesfarmers does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Wesfarmers's dividend history.
How much dividend does Wesfarmers pay?
Wesfarmers paid $0.659 in 2024, $0.634 in 2023, $0.637 in 2022, $0.668 in 2021, and $0.59 in 2020.
How often does Wesfarmers pay dividends?
Wesfarmers typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February, and September.
What is Wesfarmers's dividend yield?
The current dividend yield for Wesfarmers is 4.45%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Wesfarmers's exact dividend yield.
When does Wesfarmers go ex dividend?
Wesfarmers's ex-dividend date for the latest dividend was on 2024-09-09. Wesfarmers typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Wesfarmers dividend paid?
Wesfarmers pays dividends on a semi annually basis, typically around February, or September, but the exact dates can vary each year.
Will Wesfarmers increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Wesfarmers will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Wesfarmers dividend per share?
Wesfarmers paid $0.659 per share in 2024 and $0.634 per share in 2023. The amount of dividend per share that Wesfarmers pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Wesfarmers a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Wesfarmers a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Wesfarmers a dividend stock?
Yes, Wesfarmers is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Wesfarmers a good dividend stock?
Whether Wesfarmers is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Wesfarmers has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Wesfarmers as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Wesfarmers as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Wesfarmers pay dividends monthly?
Wesfarmers typically pays dividends on a semi annually basis.
Does Wesfarmers pay dividends quarterly?
Wesfarmers currently pays dividends on a semi annually basis.
Has Wesfarmers ever paid a dividend?
Yes, Wesfarmers has a history of paying dividends to its shareholders. Wesfarmers is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Wesfarmers dividend stocks?
To buy Wesfarmers you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Wesfarmers stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Wesfarmers stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Wesfarmers pay dividends 2024?
Wesfarmers pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-24. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Wesfarmers increase its dividend in 2024?
Decisions regarding Wesfarmers dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Wesfarmers dividend overview you can look into the above table of dividend history.
How Wesfarmers dividend works?
The Wesfarmers dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Wesfarmers's dividend process works:
1. Determination of Dividend: Wesfarmers's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Wesfarmers publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Wesfarmers distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Wesfarmers are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Wesfarmers's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Wesfarmers publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Wesfarmers distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Wesfarmers are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Wesfarmers dividends paid?
Wesfarmers dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Wesfarmers sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Wesfarmers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wesfarmers declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Wesfarmers sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Wesfarmers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wesfarmers declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Wesfarmers pay dividends?
Wesfarmers typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Wesfarmers pay dividends?
The general pattern is that Wesfarmers pays dividends around February, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Wesfarmers dividend safe?
The safety of Wesfarmers's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Wesfarmers's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Wesfarmers's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Wesfarmers's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Wesfarmers's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.