Woolworths Group Ltd (ASX: WOW) shareholders should check their bank accounts today.
The conglomerate is paying out its final dividend to eligible shareholders.
In case you weren't aware, Woolworths is rewarding its shareholders with a fully franked dividend of 53 cents per share.
At the time of writing, the Woolworths share price is 0.58% lower to $34.50.
For context, the S&P/ASX 200 Index (ASX: XJO) is edging higher with a 0.27% gain to 6,486.7 points.
Let's take a look below at all the details regarding the Woolworths dividend.
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Woolworths' latest dividend leaves the vault
The company reported growth across key metrics in its full-year results for the 2022 financial year.
In summary, group sales rose 9.2% over the prior corresponding period to $60,849 million. This was driven by the strong performance of its Australian food business. Total sales in this segment grew 4.5% to $45,461 million year on year.
Evidently, this helped offset the challenges the company encountered in 2022. These included COVID-19 supply chain disruptions, product shortages, team absenteeism, and flooding events along Australia's east coast.
On the bottom line, net profit after tax (NPAT) lifted by 0.7% to $1,514 million.
However, the Woolworths board elected to slightly decrease its final dividend by 3.6% from the 55 cents per share in FY 2021.
Based on today's price, Woolworths has a current dividend yield of 2.67%.
Woolworths share price snapshot
Over the past 12 months, the Woolworths share price has fallen by 11%.
After hitting a bottom of $33.61 per share last Friday, the company's shares are trading near 52-week lows.
Woolworths has a price-to-earnings (P/E) ratio of 27.40 and commands a market capitalisation of roughly $42.12 billion.
