08-31-2023
AUD/share | |
Price | 53.87 |
Dividend | 1.91 |
Earnings | 2.34 |
Cash-flow | 3.69 |
Book value | 7.28 |
Equity | 7.16 |
Wesfarmers is part of General Retailers business, which is part of Consumer Services industry. Wesfarmers is a company from Australia, and his stocks are publicly traded.
Wesfarmers stock dividend
Wesfarmers paid a total dividend of 2,166 million AUD last year, for a market value of 61,089 millions (Market Cap 60,954 millions). Wesfarmers dividend per share is 1.91 AUD, and his stock market price 53.87 AUD.
According to the chart below, where dividend yield is displayed, Wesfarmers has a dividend yield of 3.55%, which is higher than the amount offered by both the market average and companies from Australia. It is also bigger than average of Consumer Services industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
In addition, you should compare Wesfarmers stocks dividend with other General Retailers companies or other of the highest Australia dividend stocks list.
Wesfarmers Dividend Payout
About the ability of Wesfarmers to maintain his current dividend of AUD 1.91 per share, an amount that accounts for 3.55%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Wesfarmers payout on ernings is currently 81.62%, which is higher than the market average, and companies of Consumer Services industry, which are 39.34% and 31.45% respectively. Both figures show that Wesfarmers can have problems to keep with his present dividend yield.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Wesfarmers is AUD 3.69 per share, which is higher than the dividend per share paid by the company of AUD 1.91, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Wesfarmers, compared againt world market average, Australia companies, Consumer Services industry and General Retailers sector companies.
Wesfarmers Dividend History
Below you will find a table with the historical evolution of Wesfarmers's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | AUD | Paypout | Shares* |
Present | 3.55% | 1.91 | 81.62% | 1,134 |
2022 | 3.92% | 1.80 | 81.08% | 1,134 |
2021 | 3.00% | 1.78 | 79.82% | 1,134 |
2020 | 3.02% | 1.52 | 94.41% | 1,134 |
2019 | 4.30% | 1.78 | 81.65% | 1,134 |
2018 | 6.92% | 2.23 | 145.75% | 1,134 |
2017 | 5.02% | 2.23 | 83.21% | 1,134 |
2016 | 4.45% | 1.86 | 387.50% | 1,119 |
2015 | 5.25% | 2.00 | 87.72% | 1,119 |
*In millions
Then you can see the evolution of Wesfarmers dividend stock, and compare it with the average of Australia stocks and that of the General Retailers stocks.
Wesfarmers Stock performance
Finally, last moth Wesfarmers showed a return of 8.50% compared to a worldwide -2.49% average, and a -3.06% of Consumer Services firms. Over the last year, the company obtained a 14.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and General Retailers firms.