WOOLWORTHS will be paying shareholders a bigger interim dividend in
March, having battled and conquered challenging trading conditions in SA
and Australia.
The retailer on Thursday declared an interim gross
cash dividend of 133c for the six months to December 27 2015, up 37.8%
from 96.5c in the year-earlier period.
The company’s outlook, however, does not seem too rosy.
"Conditions are expected to become more difficult....