Westgold's Final Dividend Could Beat Consensus Hopes

Dow Jones
Jul 23
 

2313 GMT - Westgold Resources could positively surprise with its final dividend for FY26, signals Macquarie. Westgold had cash, bullion and investments of A$939 million at the end of June. That's a strong balance sheet position, Macquarie says. It notes that Westgold didn't pay an interim dividend as the company had only recently started paying tax and wanted to pay a franked dividend. "Heading into the August results we forecast a final FY26 dividend of A$0.09 which is 12.5% above Visible Alpha of A$0.08," Macquarie says. It retains an "outperform" call on Westgold, which ended Wednesday at A$4.85. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

July 22, 2026 19:13 ET (23:13 GMT)

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