Down 21%, everything you need to know about the new Woolworths dividend

Although it has been a mildly positive day for the S&P/ASX 200 Index (ASX: XJO) so far this Wednesday, we certainly cannot say the same for Woolworths Group Ltd (ASX: WOW) shares.

While the ASX 200 is currently up 0.12%, Woolworths shares have collapsed. The ASX 200…