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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

Should you buy Westpac Banking Corp?

Here’s what you need to know about our second biggest bank. More »


4 reasons why the big four banks are headed for a fall

The banks aren't as invincible as many investors think More »


3 high-yield stocks with dividends growing over 5% annually

Generous income returns and growing dividend payouts are a powerful investing combination. More »


Is it a major own goal to buy the banks at today’s prices?

Dividends won’t compensate for the risks facing the banks. More »


3 alarming reasons why Westpac Banking Corp is not a ‘Buy’

Is its 5.3% dividend yield worth the risk? I don’t think so. More »


ASX world cup

ASX World Cup: Commonwealth Bank of Australia knocked out!

Groups A & B have completed their games - read on to see who made it through More »


Should you buy Westpac Banking Corp?

It may have rewarded you in the past, but it isn’t worthy of a buy rating today. More »


Storm coming for big four banks

Is a big storm brewing for the big four banks?

Will the government end the 'four pillars' policy? More »


ASX world cup

Kick Off: Commonwealth Bank of Australia v Westpac Banking Corp

Both teams have been running hot in recent years, but which will prove to be the better team today? More »


Why 95% of us have No Financial Idea

Want a comfortable retirement? Then you need to read this More »


Investors beware: Banks are cutting your term deposit rates

Deposit rates are falling as banks try to wring the most they can out of cheap offshore funding More »


Kick Off: Westpac v National Australia Bank Ltd

Round 1 of The Motley Fool’s ASX World Cup continues with these two banking heavyweights. More »


National Australia Bank Ltd Vs Westpac Banking Corp: Which to buy?

These two iconic Aussie banks go head-to-head for your investment dollars. More »


4 reasons why you shouldn’t buy Westpac Banking Corp

It may not be the time to buy this banking giant. More »


FAQ

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.