Wesfarmers Limited (WES) to Issue Interim Dividend of $1.02 on March 30th

Wesfarmers Limited (ASX:WES) declared a interim dividend on Friday, February 20th, MarketIndexAU Dividends reports. Investors of record on Monday, March 30th will be paid a dividend of 1.02 per share on Monday, March 30th. This represents a yield of 121.0%. The ex-dividend date of this dividend is Monday, February 23rd. This is a 155.0% increase from Wesfarmers’s previous interim dividend of $0.40.

Wesfarmers Stock Performance

The firm has a market capitalization of $88.65 billion, a PE ratio of 34.67, a PEG ratio of 4.51 and a beta of 0.83. The company has a debt-to-equity ratio of 131.37, a current ratio of 1.14 and a quick ratio of 0.32.

Wesfarmers Company Profile

Wesfarmers Limited engages in the retail business in Australia, New Zealand, and internationally. The company is involved in the retail sale of building materials, home and garden improvement, lifestyle, and outdoor living products; apparel and general merchandise, including toys, leisure, entertainment, home, and consumables; and office products and solutions, such as stationery, technology, furniture, art supplies, and learning and development resources, as well as print and create, and technical support services through its Officeworks stores.