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
Sebastian Bowen | August 31, 2020 2:50pm
One banking anaylst thinks investors should stay away from ASX bank shares like Commonwealth Bank of Australia (ASX: CBA). Here's why. More »
Sebastian Bowen | August 31, 2020 8:28am
Here on our ASX 200 Foolish Weekly Wrap, we look at the things that moved the S&P/ASX 200 Index and the broader share market... More »
Brendon Lau | August 30, 2020 2:16pm
The change in the US Fed's inflation policy late last week may create unlikely winners on the S&P/ASX 200 Index (Index:^AXJO). More »
James Mickleboro | August 30, 2020 9:15am
The RBA will meet next week to discuss the cash rate. The economics team at Westpac Banking Corp (ASX:WBC) expects it to remain on... More »
Glenn Leese | August 29, 2020 9:30am
A key element of value investing is understanding how that value is calculated. Here is one key ratio that can help you make a... More »
James Mickleboro | August 25, 2020 11:43am
Afterpay Ltd (ASX:APT) and Westpac Banking Corp (ASX:WBC) shares are two of four charging notably higher on Tuesday. Here's why... More »
Sebastian Bowen | August 24, 2020 5:55pm
After the high-profile stock splits of Apple (AAPL) and Tesla (TSLA), could these ASX shares be the next to split their stock? More »
Kate O'Brien | August 24, 2020 5:28pm
Dividends are one of the great benefits of holding shares, providing shareholders with passive income. So where to find them? More »
Phil Harpur | August 24, 2020 2:15pm
Leading fund manager Janus Henderson has reported a sharp fall in global dividends declared in the June quarter. More »
Tony Yoo | August 24, 2020 1:26pm
How much AMP, CBA, Westpac, NAB, ANZ, and Macquarie are paying for their fee-for-no-service and non-compliant advice sins. More »
Kate O'Brien | August 24, 2020 12:45pm
This reporting season has been all about the ASX retail shares. We take a closer look at some of the highs and the lows... 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.