Published on 18 Feb 2021 on Simply Wall St. via Yahoo Finance
Woolworths Group Limited (ASX:WOW) is about to trade ex-dividend in the next 3 days. You can purchase shares before the 4th of March in order to receive the dividend, which the company will pay on the 14th of April.
Woolworths Group's next dividend payment will be AU$0.53 per share. Last year, in total, the company distributed AU$1.01 to shareholders. Based on the last year's worth of payments, Woolworths Group has a trailing yield of 2.6% on the current stock price of A$39.4. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing.
See our latest analysis for Woolworths Group