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
Brendon Lau | July 13, 2020 3:54pm
Just as we thought the worst of COVID-19 is over, ASX banks may be on the cusp of a multi-year bad debt hit to... More »
James Mickleboro | July 13, 2020 2:13pm
Westpac Banking Corp (ASX:WBC) expects the cash rate to stay on hold until at least the end of 2021. These ASX dividend shares can... More »
Sebastian Bowen | July 13, 2020 8:30am
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 »
James Mickleboro | July 12, 2020 3:30pm
Not keen on Westpac Banking Corp (ASX:WBC)? Then these ASX dividend shares could be great alternatives. Here's why I like them... More »
Tristan Harrison | July 10, 2020 3:56pm
Australia and New Zealand Banking Group (ASX:ANZ) has said there will be another wave of Victoria businesses collapsing due to the lockdowns. More »
Brendon Lau | July 10, 2020 11:54am
Australians are rushing to access their superannuation early amid the COVID-19 pandemic but there’s a key risk of doing this that few would be... More »
Brendon Lau | July 9, 2020 5:19pm
There’s a COVID-19 battered sector that could deliver an unexpected dividend surprise at the upcoming profit reporting season. More »
James Mickleboro | July 8, 2020 4:27pm
Forget the term deposits offered by Westpac Banking Corp (ASX:WBC) and buy these strong ASX dividend shares instead... More »
James Mickleboro | July 8, 2020 12:09pm
Afterpay Ltd (ASX:APT) and Northern Star Resources Ltd (ASX:NST) shares are making waves on the ASX 200 on Wednesday. Here's why... More »
Kate O'Brien | July 8, 2020 9:02am
The Australian Finance Group Ltd (ASX: AFG) share price remained relatively flat yesterday, despite the mortgage aggregator releasing a strong quarterly update. More »
Brendon Lau | July 7, 2020 5:06pm
The new Victorian COVID-19 lockdown took the wind out of the ASX 200 with several ASX stocks seeing a surge in late trading activity. More »
Brendon Lau | July 7, 2020 3:11pm
The RBA left the cash rate at a record low of 0.25% again but there are some takeaways from its monetary statement worth noting... 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.