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
Owen Raszkiewicz | May 23, 2014 1:30pm
The bank's conservative balance sheet and lack of growth prospects are setting buyers up for disappointment. More »
Owen Raszkiewicz | May 21, 2014 8:07am
It has a fantastic payout but its share price has become quite rich and earnings growth might be harder to come by. More »
Mike King | May 19, 2014 9:25am
Shares are not the same as bank deposits, despite what investors may think More »
Ryan Newman | May 5, 2014 12:38pm
Although the bank exceeded analyst expectations and upped its dividend, shares still fell. More »
Darryl Daté-Shappard | May 5, 2014 9:59am
All Ordinaries Index hits 52-week high; good start heading into typically weak period More »
Andrew Mudie | May 2, 2014 5:38am
Experts tip the ASX 200 to hit 6,000 in 2014. More »
Andrew Mudie | May 1, 2014 5:25am
Yield hungry investors should take note! More »
Ryan Newman | April 30, 2014 1:14pm
Could the widely held major banks be about to drop? More »
Mike King | April 29, 2014 2:15pm
Shares prices in the banking sector can sink rapidly More »
Tim McArthur | April 28, 2014 3:05pm
The banks are still offering investors appealing dividend yields. 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.