September 9, 2021
Writing for Money Magazine, Max Cappetta, CEO of Redpoint Investment Management, shares his views on Australia’s largest supermarket retailer, Woolworths Group (ASX: WOW).
From a total return perspective, Woolworths has outperformed the index in four of the last five years, providing a consistent, fully franked dividend and solid capital returns.
And this year has been no different. Last month, the group announced an increase of its final dividend to $0.55 per share, an increase of 15% from the 2020 final dividend.