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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...
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.
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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}}}}
Trevor Eastwood AM was the CEO of the large Australian corporation Wesfarmers Ltd from 1984 to 1992 and its chairman from 2002 to 2008. After graduating BEng at the University of Western Australia, [1] he joined Wesfarmers in 1963 as a cadet engineer [2] and was associated with the company for over 45 years.
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