Woolworths cuts interim dividend by over 27%

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While Woolworths Holdings trumpeted an “outstanding performance” in its food business, the retailer’s fashion business continued to weigh on the group, which reported a 27.7% cut in its interim dividend on Wednesday.It declared an interim dividend of 107 cents per share (cps) at a 70% payout ratio, compared to 148cps for HY2024.Login to view the full…