Wesfarmers Dividend
Dividend criteria checks 4/6
Wesfarmers is a dividend paying company with a current yield of 2.8% that is well covered by earnings.
Key information
2.8%
Dividend yield
88%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$1.980 |
| Earnings per share | Mex$2.25 |
| Dividend yield forecast | 3.6% |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WES N's dividend payments have been volatile in the past 10 years.
Growing Dividend: WES N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Wesfarmers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WES N) | 2.8% |
| Market Bottom 25% (MX) | 2.2% |
| Market Top 25% (MX) | 7.2% |
| Industry Average (Multiline Retail) | 3.1% |
| Analyst forecast (WES N) (up to 3 years) | 3.6% |
Notable Dividend: WES N's dividend (2.8%) is higher than the bottom 25% of dividend payers in the MX market (2.23%).
High Dividend: WES N's dividend (2.8%) is low compared to the top 25% of dividend payers in the MX market (7.15%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.7%), WES N's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.9%), WES N's dividend payments are covered by cash flows.