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Wesfarmers Limited's ( ASX:WES ) dividend will be increasing from last year's payment of the same period to A$1.00 on...
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The dividend payout ratio is the fraction of net income a firm pays to its stockholders in dividends: Dividend payout ratio = Dividends Net Income for the same period {\textstyle {\mbox{Dividend payout ratio}}={\frac {\mbox{Dividends}}{\mbox{Net Income for the same period}}}}
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The S&P/ASX 20 index is a stock market index of stocks listed on the Australian Securities Exchange from Standard & Poor's.While the "ASX 20" often simply refers to the 20 largest companies by market capitalisation, the S&P/ASX 20 Index is calculated by using the S&P Dow Jones Indices market capitalization weighted and float-adjusted methodologies.
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Wesfarmers Limited is an Australian conglomerate, headquartered in Perth, Western Australia. It has interests predominantly in Australia and New Zealand, operating in retail, chemical, fertiliser, industrial and safety products.