Sydney, February 25, 2026, 17:44 (AEDT) — The market has shut its doors for the day.
- Wesfarmers slipped, trailing behind the broader market’s record run.
- Investors on record as of Feb. 25 will get their dividend payout in late March.
- New filings show directors converting equity-plan shares.
Wesfarmers Ltd (ASX: WES) finished Wednesday’s session at A$79.99, off A$1.10, or 1.36%. Shares traded between A$79.15 and A$81.44 during the day. (Investing.com)
Timing’s key here. Wesfarmers lines up a Feb. 25 record date for the interim dividend, then points to March 31 for the payment. Investors are looking at 102 cents per share, fully franked—so Australian tax credits are attached. (Wesfarmers)
The stock slipped, bucking the trend as the S&P/ASX 200 finished up 1.2% at 9,128.30—just shy of its session peak at 9,130.30—on the back of strong earnings. Investors, for the most part, shrugged off a hotter inflation read that pushed up rate-hike expectations. (Indo Premier)
Non-executive director Alan Cransberg picked up 454 shares after rights vested and were auto-exercised under Wesfarmers’ non-executive director equity plan, according to a director interest notice filed Tuesday. Those shares remain under trading restrictions. Sharon Warburton, in a separate notice, reported acquiring 515 shares under the same plan and terms. (Company Announcements)
The accompanying Appendix 3G shows a total of 969 rights converted to ordinary shares, to be issued on Feb. 20. This marks the initial tranche under the same non-executive director plan, with the shares bought on market. (Company Announcements)
Retail’s still sparking debate among local investors, who are tracking price cuts, promotions, and just how much cash households have left to spend. Woolworths surprised the market this week, topping first-half profit estimates and sending its shares up more than 11%. CEO Amanda Bardwell told analysts, “customers want value.” Ord Minnett, though, called the company’s new outlook “still appears conservative.” (Reuters)
Coles Group will post its half-year numbers on Feb. 27, with investors zeroing in on signals from discounting, volumes and food inflation—factors that could have implications for consumer stocks beyond just Coles. (Coles Group)
Rates remain a sticking point. In January, Australia’s core inflation climbed to a 16-month peak, setting off further talk about possible Reserve Bank of Australia tightening. The monthly CPI edged up 0.4% and annual inflation was unchanged at 3.8%. The trimmed mean—a core gauge that filters out outliers—lingered above the RBA’s 2%-3% target, according to Reuters. (Reuters)
Still, that door swings both ways. Should inflation jitters subside and yields pull back, higher-multiple consumer names often snap higher—fast. Otherwise, with discretionary demand at risk, those stocks can stay sluggish, especially as promotions start to ramp up.
Wesfarmers’ next key date is the dividend investment plan—shareholders have until Feb. 26 to choose shares over cash, according to the company’s schedule. The price for reinvestment hasn’t been determined yet. (Wesfarmers)
