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Wesfarmers Sets Dividend Investment Plan Allocation Price for 2025

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Wesfarmers Sets Dividend Investment Plan Allocation Price for 2025

The latest announcement is out from Wesfarmers Limited ( (AU:WES) ).

Wesfarmers Limited has announced the allocation price for its Dividend Investment Plan shares at $71.4337 for the interim dividend related to the six-month period ending December 31, 2024. This price was determined based on the average daily volume weighted average price of the company’s shares over a 15-day trading period. With 11.50% of shareholders opting to participate in the plan, shares are set to be issued on April 1, 2025, reflecting the company’s ongoing commitment to shareholder value.

More about Wesfarmers Limited

Wesfarmers Limited is a diversified conglomerate based in Australia, operating across various sectors including retail, chemicals, fertilizers, industrial and safety products, and coal mining. The company focuses on providing a wide range of products and services to both consumer and industrial markets.

YTD Price Performance: 4.25%

Average Trading Volume: 706

Technical Sentiment Signal: Sell

Current Market Cap: $51.52B

For an in-depth examination of WES stock, go to TipRanks’ Stock Analysis page.

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