Westfield Group to meet H1 dividend guidance

Company News

Westfield Group (ASX:WDC) anticipates it will meet its interim dividend guidance of 24.75 cents, to be paid to shareholders at the end of this month.

The distribution is in line with earlier full year dividend forecasts of 49.5 cents per share.

Westfield Group says its distribution reinvestment plan will continue to be suspended as previously advised.

The Retail property group is expected to announce its 2012 full year results on February 27.

Westfield Group generated a net profit of $842.4 million for the 2012 financial year. 

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