You asked: Is Wesfarmers a blue chip share?

Is Wesfarmers a good buy now?

Together, Wesfarmers is a formidable retail business. The growth over the short-term and the long-term has been impressive. … Indeed, nearly all of the Wesfarmers businesses are seeing a good amount of growth. The HY21 result saw Bunnings’ earnings before tax (EBT) grow 35.8% to $1.275 billion.

Is Wesfarmers Australian owned?

From its origins in 1914 as a Western Australian farmers’ cooperative, Wesfarmers has grown into one of Australia’s largest listed companies. Wesfarmers is one of Australia’s largest private sector employers with approximately 107,000 team members and is owned by more than 487,000 shareholders. …

Can I buy shares in Wesfarmers?

How to buy shares in Wesfarmers. Compare share trading platforms. To buy shares listed in Australia, you’ll need to sign up to a broker with access to the Australian Securities Exchange (ASX).

What are blue chip shares ASX?

All companies are highly liquid and considered “bluechip” shares. The ASX top 20 companies offer little diversification with only 8 GICS Sectors represented.

ASX 20 List (28 April 2021)

Code Company
BHP BHP Group Ltd
CBA Commonwealth Bank of Australia
FMG Fortescue Metals Group Ltd

Is Wesfarmers overvalued?

Wesfarmers is overvalued by 46 per cent according to Faul’s fair value estimate of $37.50.

Is Woolworths Australian owned?

Woolworths (colloquially “Woolies”) is an Australian chain of supermarkets and grocery stores owned by Woolworths Group. Founded in 1924, Woolworths today is Australia’s biggest supermarket chain with a market share of 33% as of 2019.

Woolworths Supermarkets.

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Woolworths Logo since 2015
Trade name Woolworths
Number of locations 1,051

Will Wesfarmers pay a dividend?

But it also estimates that Wesfarmers will be able to keep its dividend rising over 2021 and 2022 to reach $2.08 per share by FY2023.

Do Coles shareholders get a discount card?

A discount card for shareholders is not currently planned because we believe that the fairest and best way to reward shareholders is by providing a satisfactory return to shareholders through the payment of dividends and a strong share price. Coles Group reports are provided in Adobe® Acrobat® format.

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