Wesfarmers share price drops as ASX hits record; dividend clock and filings in focus
Wesfarmers shares fell 1.36% to A$79.99 Wednesday, underperforming as the S&P/ASX 200 hit a record high. The company set February 25 as the record date for its 102-cent fully franked interim dividend, payable March 31. Director equity-plan conversions totaling 969 shares were disclosed in filings. Australia’s core inflation remained above target in January, fueling rate-hike speculation.