Woolworths Group Limited operates retail stores. It operates through Australian Food, Australian B2B, New Zealand Food, BIG W, and Other segments. The Australian Food segment procures and resells food and related products, and provides services to customers in Australia. It operates 1,087 Woolworths supermarkets and Metro Food stores. The Australian B2B segment engages in procurement and distribution of food and related products for resale to other businesses, as well as provision of supply chain services to business customers in Australia. The New Zealand Food segment is involved in the procurement and resale of food and drinks, and provides services to retail customers in New Zealand. This segment operates 190 countdown supermarkets. The BIG W segment procures and resells discount general merchandise products to customers in Australia. This segment operates 176 BIG W stores. Woolworths Group Limited also engages in the wholesale operation. The company was formerly known as Woolworths Limited and changed its name to Woolworths Group Limited in December 2017. Woolworths Group Limited was incorporated in 1924 and is based in Bella Vista, Australia.
Woolworths Dividend Announcement
• Woolworths announced a semi annually dividend of $0.63 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-03
• Woolworths annual dividend for 2024 was $0.91
• Woolworths annual dividend for 2023 was $0.65
• Woolworths's trailing twelve-month (TTM) dividend yield is 4.25%
• Woolworths's payout ratio for the trailing twelve months (TTM) is -520.71%
Woolworths Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-03 | $0.63 | semi annually | 2024-09-30 |
2024-02-28 | $0.29 | semi annually | |
2023-08-31 | $0.35 | semi annually | 2023-09-27 |
2023-03-02 | $0.30 | semi annually | 2023-04-13 |
2022-08-31 | $0.35 | semi annually | 2022-09-27 |
2019-09-03 | $0.37 | semi annually | 2019-09-30 |
2019-02-28 | $0.33 | semi annually | 2019-04-05 |
2018-09-13 | $0.44 | semi annually | 2018-10-12 |
2018-03-01 | $0.37 | semi annually | 2018-04-06 |
2017-09-07 | $0.46 | semi annually | 2017-10-06 |
2017-03-02 | $0.28 | semi annually | 2017-04-07 |
2016-09-08 | $0.28 | semi annually | |
2016-03-02 | $0.33 | semi annually | |
2015-09-09 | $0.51 | semi annually | |
2014-09-10 | $0.86 | semi annually | |
2014-03-17 | $0.76 | semi annually |
Woolworths Dividend per year
Woolworths Dividend growth
Woolworths Dividend Yield
Woolworths current trailing twelve-month (TTM) dividend yield is 4.25%. Interested in purchasing Woolworths stock? Use our calculator to estimate your expected dividend yield:
Woolworths Financial Ratios
Woolworths Dividend FAQ
Other factors to consider when evaluating Woolworths 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.
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1. Determination of Dividend: Woolworths'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, Woolworths 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, Woolworths 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 Woolworths 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. Record Date: Woolworths 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, Woolworths distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Woolworths 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.
To assess the safety of Woolworths'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 Woolworths'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.