WES 1.03% $70.92 wesfarmers limited

JrowL,Read page 4 of the 'News' section of yesterdays...

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    JrowL,
    Read page 4 of the 'News' section of yesterdays announcement regarding dividends:

    Quote: "The interim dividend reflects a change to the Group’s dividend policy which was announced
    last month. Given the current economic conditions, dividends will be paid based on the
    company’s current and projected cash position, having regard to capital expenditure
    requirements, retained earnings, franking credits, debt levels and business and economic
    conditions generally.

    This change in policy, which will be reviewed regularly, is to ensure the company is able to
    pursue growth opportunities in each of its businesses. Within these parameters, the Group
    will strive to deliver stable and growing dividends. It is expected that the final dividend for
    the 2009 financial year will be no more than 50 cents per share (fully-franked). "

 
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