WDC 0.00% $10.84 westfield group

News: Westfield announces dividend

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    Westfield Group (ASX:WDC) will pay a dividend of 25.5 cents per share for the first half to June.


     


    The group has tipped a dividend of 51 cents per security for the 2013 calendar year, up from 49.5 cents the previous year.


     


    The dividend will be paid on 30 August, the day after Westfield announces its first half results.


     


    Those results will come after the group warned in May that while consumer confidence is improving, shoppers are still cautious and sales growth is still low.


     


    Westfield generated a net profit of $1.7 billion in its 2012 financial year.

 
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