Wesfarmers Unveils AUD 0.40 Special Dividend and AUD 1.10 Capital Return
Wesfarmers Limited has announced a fully franked special dividend of AUD 0.40 per share alongside a substantial AUD 1.10 capital return, both payable on 4 December 2025, marking a significant milestone in its 2025 capital management strategy.
- Special fully franked dividend of AUD 0.40 per share
- Capital return of AUD 1.10 per share approved at 2025 AGM
- Dividend and capital return payable on 4 December 2025
- Dividend Reinvestment Plan (DRP) available with no discount
- Shareholders can elect payment currency – AUD, NZD, or GBP
Wesfarmers Declares Special Dividend and Capital Return
Wesfarmers Limited has announced a special dividend payment of AUD 0.40 per share, fully franked, as part of its 2025 capital management initiative. This dividend is set to be paid on 4 December 2025, following shareholder approval of the capital return component at the company’s Annual General Meeting held on 30 October 2025.
The capital return itself is a significant AUD 1.10 per share, also payable on the same date. This move reflects Wesfarmers’ strong balance sheet and commitment to returning value to shareholders amid a stable financial environment.
Dividend Reinvestment Plan and Currency Options
Wesfarmers continues to offer its Dividend Reinvestment Plan (DRP) for this special dividend, allowing shareholders to reinvest their dividends into additional shares without any discount applied. The DRP election deadline is 7 November 2025, providing investors with flexibility in managing their returns.
Notably, shareholders can choose to receive their dividend payments in Australian Dollars (AUD), New Zealand Dollars (NZD), or British Pounds Sterling (GBP), accommodating a diverse shareholder base across multiple regions. This currency election option enhances accessibility and convenience for international investors.
Special Considerations for Executive Equity Plan Shares
For shares issued under the Key Executive Equity Performance Plan (KEEPP), the dividend payment will be deferred until the shares vest and are quoted on the market. This deferral aligns with the company’s executive incentive structures and ensures compliance with performance conditions.
Investors should also note that the capital return details are provided in a separate filing (Appendix 3A.4), which offers further insight into the mechanics and implications of this substantial payout.
Implications for Shareholders and Market
This announcement underscores Wesfarmers’ robust capital position and strategic approach to shareholder returns. The combined special dividend and capital return represent a meaningful distribution of capital, likely to attract investor interest and potentially influence the company’s share price dynamics around the ex-dividend date of 5 November 2025.
Bottom Line?
Wesfarmers’ capital return and special dividend set the stage for renewed investor focus as December payment approaches.
Questions in the middle?
- How will the market react to the combined impact of the special dividend and capital return?
- What are the detailed terms and conditions of the capital return outlined in Appendix 3A.4?
- Will the DRP participation rates influence Wesfarmers’ share liquidity or price post-payment?