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Monday, January 31, 2011

Woolworths Dividend yield

History
Since opening their first single basement store in Sydney’s Pitt Street in 1924, Woolworths has grown into a household name with a presence in almost every metropolitan and regional centre in Australia and New Zealand. They began operating fresh food stores 60 years ago when advances in refrigeration technology revolutionised transport and storage. In 2010 they celebrated their 86th year in the retailing business.

Bussiness
Woolworths Limited - WOW.AX is made up of some of the most recognisable and trusted brands in retailing, serving millions of customers every day with great choice, low prices and excellent quality.

Their retailing expertise stretches across food & grocery, liquor, petrol, general merchandise and consumer electronics, serving millions of customers each and every day across Australia and New Zealand.

Woolworths Limited is also a major investor in Australian & New Zealand communities in three key ways:
Economically - through job creation, growth in shareholder wealth, infrastructure development, new product innovations and as a significant customer of domestic agricultural and manufacturing production
Socially - through the training and educational development of thousands of employees, the advancement of food industry quality standards, workplace safety standards and retail technology improvements, and by enabling local charities to receive direct donations, in-kind support and facilitation of fundraising
Environmentally - In November 2007 they launched their Sustainability Strategy 2007-15, identifying their material environmental impacts, setting targets and commitments for improvement, and starting them on the pathway to change.

Dividends

1 comment:

  1. Awesome article.. I like to say that the dividend payout ratio is the percentage of earnings paid out in cash.

    ex dividend calendar Australia

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