Tough retail conditions brought on by sky-high inflation have impacted the Woolworths Group Ltd (ASX: WOW) share price in 2022.
Nonetheless, the conglomerate's shares are up more than 40% over the last 5 years.
While this is nothing to get overly excited about, it's the consistent dividends that have supplemented investor income.
At the time of writing, Woolworths shares are trading at $35.80, down 0.78% for the day.
Let's take a look and see how much Woolworths has paid to shareholders from this time in 2017.
A brief rundown on the Woolworths dividend history
Listed below is a quick look at the dividends distributed from Woolworths over 5 years ago.
- October 2017 – 50 cents (final)
- April 2018 – 43 cents (interim)
- October 2018 – 50 cents (final)
- October 2018 – 10 cents (special dividend)
- April 2019 – 45 cents (interim)
- September 2019 – 57 cents (final)
- April 2020 – 46 cents (interim)
- October 2020 – 48 cents (final)
- April 2021 – 53 cents (interim)
- October 2021 – 55 cents (final)
- April 2022 – 39 cents (interim)
Calculating the above amounts, Woolworths has paid a total of $4.96 in dividends to shareholders since this time in 2017.
Furthermore, the company has a current dividend yield of 2.62%.
So how does this compare with the Wesfarmers dividend?
Woolworths' main competitor, Wesfarmers Ltd (ASX: WES) has also seen its share price tank in recent times.
However, in similar fashion, the diversified company's shares are up 48% over the 5-year period.
When looking at the dividend history, Wesfarmers has distributed a total amount of $10.49 to shareholders since 2017.
Keep in mind that Wesfarmers shares are fetching at $42.26, slightly above its peer.
But, when pitting the two blue-chip companies against each other, it's the Wesfarmers dividend that comes out on top.
To compare the pair, Woolworths' dividend reflects a payout of around 14% of its current share price.
On the other hand, the Wesfarmers dividend represents roughly 25%.
Wesfarmers has a dividend yield of 4.02%.
Woolworths share price summary
A volatile 2022 has driven the Woolworths share price to register a loss of almost 6% for the period.
Based on valuation grounds, Woolworths presides a market capitalisation of approximately $43.04 billion.
