If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Woolworths Group Ltd is 86.67, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Woolworths Group was 77.44. The lowest was 0.61. And the median was 0.76.
During the past 12 months, Woolworths Group's average Dividends Per Share Growth Rate was 13.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -1.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 0.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -3.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Woolworths Group was 26.00% per year. The lowest was -21.00% per year. And the median was 9.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Woolworths Group Dividend Yield % Historical Data
The historical data trend for Woolworths Group's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Woolworths Group's Dividend Yield %
For the Grocery Stores subindustry, Woolworths Group's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Woolworths Group's Dividend Yield % Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Woolworths Group's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Woolworths Group's Dividend Yield % falls into.
Woolworths Group Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Woolworths Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.470
2024-02-28
2024-02-29
2024-04-11
Cash Dividend
semi-annually
AUD:USD 0.652316
AUD 0.580
2023-08-31
2023-09-01
2023-09-27
Cash Dividend
semi-annually
AUD:USD 0.648508
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Woolworths Group's Trailing Annual Dividend Yield (%) for Today is calculated as
Woolworths Group's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.61317704
/
21.28
=
2.88 %
Current Share Price is $21.28. Woolworths Group's Dividends per Share for the forward twelve months is calculated as $0.30658852 * 2 = $0.61317704.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Woolworths Group (OTCPK:WOLWF) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
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Woolworths Group (Woolworths Group) Business Description
Woolworths is Australia's largest retailer. Operations include supermarkets in Australia and New Zealand, and the Big W discount department stores. The Australian food division constitutes the majority of group EBIT, followed by New Zealand supermarkets, while Big W is a minor contributor.
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