Westpac Banking Corporation (ASX: WBC) Share Price and News

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as at 24 Feb 3:44pm

  • Westpac Banking Corporation (ASX: WBC)
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    Is the Westpac Banking Corp (ASX:WBC) share price a buy for its 10% yield?

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    Frequently Asked Questions

    Westpac traditionally makes two fully-franked dividend payments to shareholders every year, payable in June and December.  

    Yes. Westpac’s DRP allows eligible shareholders to reinvest some or all of their dividends in additional Westpac ordinary shares with no transaction costs.

    Westpac listed on the Australian Stock Exchange in July 1970.

    WBC ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Westpac Banking Corporation

    Westpac Banking Corp (ASX: WBC) is Australia's oldest banking and financial services group, with 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 after the merger with Commercial Bank of Australia. It  is one of Australia’s 'big four' banks regarding market capitalisation, earnings, and customers. Westpac is also one of the largest listed companies on the ASX.

    Westpac provides a broad range of consumer, business and institutional banking and wealth management services.

    Its portfolio of brands comprises Westpac, St.George, Bank of Melbourne, BankSA, BT and RAMS.

    Its business portfolio comprises six key divisions: Consumer, Business, Westpac Institutional Bank,  Westpac New Zealand, Group Businesses, and Specialist Businesses.

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