Westgold Resources (ASX | TSX: WGX)

Westgold announced the declaration of a 10 cents per share (cps) fully franked dividend for FY26, representing a total dividend payment of approximately $95M.

 

 

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	Westgold	ASX / TSX: WGX
	Stage	Production + development
	Metals	Gold
	Market cap	A$6.18 Billion @ A$6.52
	Location	Western Australia
	Website	www.westgold.com.au

 

 

 

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Westgold delivers $122M in FY26 Shareholder Capital Returns, 10 cents per share fully franked dividend declared

 

Perth Western Australia, 28 August 2026: Westgold Resources Limited (ASX | TSX: WGX – Westgold or the Company) is pleased to announce the declaration of a 10 cents per share (cps) fully franked dividend for FY26, representing a total dividend payment of approximately $95M.

Together with approximately $27M invested in on-market share buy-backs to 30 June 2026, Westgold’s capital returns to shareholders in respect to FY26 total approximately $122M.

 

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Highlights

10cps fully franked FY26 dividend declared
 Total payment of approximately $95M, representing 16% of FY26 free cash flow of $602M.
 This is 400% above the minimum annual dividend commitment of 2cps.
$122M returned to shareholders for FY26
 Capital returns comprise $95M in dividends and $27M in share buy-backs, up 329% on FY25.

 

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New FY27 Shareholder Capital Return Policy adopted
 Minimum annual shareholder returns increase to 3cps, through dividends and share
buy-backs.
FY27 share buy-back program approved
 The Board has approved a $50M on-market share buy-back program for FY27.

 

 

 

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Westgold Managing Director and CEO Wayne Bramwell commented:

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“In FY26, Westgold returned a record $122M to shareholders, including $95M in fully franked dividends. This is an outstanding result for shareholders and reflects the stronger cash flow now being generated by the business.

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“Westgold is now a larger, stronger business. We can invest in organic growth while also returning capital to shareholders.

 

“Our approach remains disciplined: we will fund high-return growth opportunities, maintain a strong balance sheet and return surplus cash through sustainable dividends and share buy-backs.

 

“This strategy is expected to lift gold production over our three-year outlook, and we are fully funded to deliver our growth plans.

 

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To read the full news release please click HERE

 

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Disclosure

At the time of writing the author holds shares in Westgold.

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