Wesfarmers Limited (OTCMKTS:WFAFY – Get Free Report)’s share price was up 0.8% during trading on Monday . The company traded as high as $27.71 and last traded at $26.76. Approximately 33,403 shares changed hands during trading, a decline of 17% from the average daily volume of 40,311 shares. The stock had previously closed at $26.55.
Wesfarmers Trading Up 0.8%
The business has a fifty day simple moving average of $23.67 and a 200 day simple moving average of $23.27.
Wesfarmers Cuts Dividend
The company also recently announced a dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.3034 per share. The ex-dividend date was Monday, March 3rd. Wesfarmers’s payout ratio is currently 37.01%.
Wesfarmers Company Profile
Wesfarmers Limited engages in the retail business in Australia, New Zealand, and internationally. The company is involved in the retail sale of building materials, home and garden improvement, lifestyle, and outdoor living products; apparel and general merchandise, including toys, leisure, entertainment, home, and consumables; and office products and solutions, such as stationery, technology, furniture, art supplies, and learning and development resources, as well as print and create, and technical support services through its Officeworks stores.
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