The Wesfarmers Ltd (ASX: WES) dividend has just been announced with the FY26 report. It was another pleasing payout for investors.
Wesfarmers' profit is generated by a number of businesses, including Bunnings, Kmart, Officeworks, WesCEF (chemicals, energy and fertilisers), healthcare, and more.
Wesfarmers is one of the largest businesses in Australia, and its dividends have been steadily rising this decade. Let's take a look at what upcoming payout shareholders can look forward to.
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Wesfarmers dividend
The board of directors of Wesfarmers decided to declare an FY26 final dividend of $1.20 per share. This represented an 8.1% year-over-year increase over the FY25 final dividend.
The Wesfarmers annual dividend for the 2026 financial year is $2.22, representing a 7.8% year-over-year increase.
In December 2025, the business also paid $1.50 per share, comprising a capital return of $1.10 per share and a fully-franked special dividend of 40 cents per share.
The company said that the announced payout is consistent with the group's focus on providing a satisfactory return to shareholders and commitment to efficient capital management.
Wesfarmers noted that the dividends are decided based on the franking credit availability, current earnings, cash flows, future cash flow requirements, and targeted credit metrics.
Based on the earnings per share (EPS) generated by the business, its FY26 annual dividend payout ratio is 87.6% of net profit.
At the time of writing, the final dividend of $1.20 per share translates into a dividend yield of 1.5% excluding franking credits and 2.1% including franking credits.
With the annual dividend per share, that translates into a dividend yield of 2.8% excluding franking credits and 4% including franking credits.
Payment date
Before we get to the Wesfarmers dividend payment date, we need to look at the ex-dividend date.
The ex-dividend date is the cut-off date for entitlement to the upcoming payout. Investors need to own Wesfarmers shares before the ex-dividend date to be entitled to the payment.
For the FY26 final dividend, the ex-dividend date is next Tuesday, 1 September 2026. That means investors have until the end of trading on 31 August 2026 to secure shares and be eligible for the upcoming payout.
Following that, the payment date for this dividend is 7 October 2026. That's less than a month and a half away, at the time of writing.
Investors can also elect to take part in the dividend reinvestment plan (DRP). That's where shareholders choose to receive new Wesfarmers shares rather than receiving the dividend as cash.
If investors want to take part in the DRP, they must make that election by 7pm on 3 September 2026. That's a week away, at the time of writing.
