Westpac Banking Corp (ASX: WBC) Share Price and News
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Westpac Banking Corp (WBC) is Australia’s oldest banking and financial services group, with branches and operations throughout Australia, New Zealand and the near Pacific region as well as offices in key financial centres around the world including London, New York, Hong Kong and Singapore.
Established in 1817 as the Bank of New South Wales, the company changed its name to Westpac Banking Corporation in 1982 and is one of Australia’s “big four” banks in terms of market capitalisation, earnings and customers. Westpac is also one of the largest listed companies on the ASX.
Westpac serves nearly 13 million customers and provides a broad range of consumer, business and institutional banking and wealth management services. Its business portfolio is organised in the following five key divisions: Consumer Bank, Commercial and Business Bank, BT Financial Group, Westpac Institutional Bank and Westpac New Zealand.
Westpac Banking Corp (ASX: WBC) Latest News
Tristan Harrison | July 31, 2020 5:46pm
The S&P/ASX 200 Index (ASX:XJO) fell 2% today. It was led lower by the big ASX banks like CBA (ASX:CBA). Super Retail (ASX:SUL) jumped.... More »
Brendon Lau | July 31, 2020 12:07pm
The skyrocketing Australian dollar is catching experts off-guard and could soon prove to be a new risk to the ASX reporting season. More »
James Mickleboro | July 31, 2020 12:04pm
AMP Limited (ASX:AMP) and Commonwealth Bank of Australia (ASX:CBA) shares are making waves on the ASX 200 on Friday... More »
Toby Thomas | July 31, 2020 11:56am
The announcement of class actions against Commonwealth Bank, AMP and Westpac is dragging their share prices lower in early trade. More »
James Mickleboro | July 30, 2020 10:30am
Here are the dividends that this leading broker thinks Commonwealth Bank of Australia (ASX:CBA) and the rest of the big four will pay... More »
Sebastian Bowen | July 29, 2020 5:48pm
Here's why I would buy AGL Energy Limited (ASX: AGL) and 1 other ASX dividend share for strong dividend income in 2020 and beyond More »
Brendon Lau | July 29, 2020 2:34pm
Shares in our big ASX banks are outperforming the broader market after the banking regulator ordered a cap on dividends. More »
Matthew Donald | July 29, 2020 12:39pm
APRA has now advised ASX banks they can begin to pay limited dividends of up to half of profits, replacing earlier guidance to defer... More »
James Mickleboro | July 29, 2020 12:12pm
Westpac Banking Corp (ASX:WBC) and IGO Ltd (ASX:IGO) shares are on the move on the ASX 200 on Wednesday. Here's why... More »
James Mickleboro | July 29, 2020 11:16am
The Westpac Banking Corp (ASX:WBC) share price is pushing higher on Wednesday. Here's why the banking giant's shares are on the rise... More »
Sebastian Bowen | July 29, 2020 7:36am
Are ASX tech shares like Xero Limited (ASX: XRO) the only way to protect your ASX share portfolio agianst the coronavirus? Perhaps not More »
Brendon Lau | July 28, 2020 3:41pm
If you are feeling nervous about the ASX reporting season, you should be as Citigroup is warning that expectations may be set too high. More »
Will Westpac pay an interim dividend in 2020?
Westpac’s 2020 interim dividend decision has been deferred and no dividend will be paid in June 2020.
When does Westpac pay its dividends?
Westpac typically pays dividends twice each year, in June and December.
Does Westpac offer a dividend reinvestment plan (DRP)?
Yes. Westpac’s DRP allows eligible shareholders to reinvest some or all of their dividends in additional Westpac ordinary shares with no transaction costs.