How can you invest in Woolworths shares?

Summary

  • Woolworths Group Limited (ASX:WOW) is Australia’s oldest homegrown retail chain giant. It owns supermarkets, marts, liquor shops and hotels.
  • It is one of Australia’s top 200 companies. Its shares trade on ASX with code WOW and have given a 12 per cent 52-week return.
  • The company has been regular in paying dividends and has provided investors with a 5-year average dividend yield of 4.2 per cent as on 12 July 2021.

Famous for its Disney ooshies and weekly specials, Woolworths Group Limited (ASX:WOW) is a homegrown retail chain operator from Australia. Its first store was opened way back in 1924 in Sydney. It started becoming a handy place to fulfil every man, woman, and child’s needs for good and cheap things. Now the company has expanded with operations spanning into supermarkets, marts, bottle-o and hotels. Earlier known as Woolworths Limited, it changed into Woolworths Group in 2017.

How can you invest in Woolworth shares?

Investors can purchase Woolworths Group Limited shares on ASX via a registered stockbroker.

  • Its shares trade on ASX with code WOW. All updates and share price movements are accessible daily on the ASX website and the company website. Woolworths currently has a market capitalization of AU$48.82 billion. The shares closed on ASX at AU$38.330 per share on 15 July 2021.
  • On 1 July 2021, it implemented a demerger of Endeavour Group Limited (ASX:EDV). With this, it has separated its drinks business. Thus, investors interested in earnings from this division can now invest in shares of Endeavour Group. EDV also is a large-cap company with AU$11.28 billion market cap. Its shares closed on ASX at AU$6.340 per share on 15 July 2021.

Woolworths, Telstra (ASX:TLS), Commonwealth Bank (ASX:CBA), etc., come under the top 200 Australian companies. Thus, investors can also indirectly hold a stake in WOW’s earnings by investing in ETFs holding WOW shares. Some popular ETFs that hold WOW shares in their portfolios are BetaShares Australia 200 ETF (ASX:A200) and Vanguard Australian Shares High Yield ETF (ASX:VHY).

Also Read: Is A200 ETF the gateway to ASX stocks?

How Woolworths stock (ASX:WOW) has been performing?

Woolworths group share has given a 52-week return of 12 per cent as on 15 July 2021. It has also provided investors with a 5-year average dividend yield of 4.2 per cent as on 12 July 2021, according to Refinitiv. Other key financial indicators of the company have been depicted below-

Data Source: ASX Update dated 24 Feb 2021, Image Source: Copyright © 2021 Kalkine Media

For Details Read: Woolworths Group (ASX:WOW) marks a strong start to FY21, online sales and net profit go higher

Bottomline

COVID-19 lead to store closures, but the consumer staples sector still managed good returns. The Woolsworths group, with its strong brand, delivered double-digit growth in sales and e-commerce capacities, demonstrating operational strength and efficiency.  Its H2-FY21 focus is on improving end-to-end process efficiency.

Do Read:  How have the top five ASX-listed consumer staples fared YTD?

Its separation from the Endeavour group will further enable streamlined business operations and growth in both the businesses. Woolsworths group has now aligned its focus on the primary business segment of consumer retail.

Since the demerger implementation on 1 July 2021, shares have moved up 2 per cent.

Do Read:  Top 10 ASX-listed stocks in the retail space

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