Published on 26 Aug 2023 on Simply Wall St. via Yahoo Finance
Woolworths Group Limited (ASX:WOW) has announced that it will be increasing its dividend from last year's comparable payment on the 27th of September to A$0.58. Despite this raise, the dividend yield of 2.8% is only a modest boost to shareholder returns.
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Woolworths Group's Payment Has Solid Earnings Coverage