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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

ASX 200

ASX 200 drops 2%, ASX banks fall, Super Retail jumps

The S&P/ASX 200 Index (ASX:XJO) fell 2% today. It was led lower by the big ASX banks like CBA (ASX:CBA). Super Retail (ASX:SUL) jumped.... More »


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The rocketing Aussie is shaping up as a new threat to the profit season

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ASX 200 sinks 1.5%: AMP disappoints, big four tumble, Super Retail surprises

AMP Limited (ASX:AMP) and Commonwealth Bank of Australia (ASX:CBA) shares are making waves on the ASX 200 on Friday... More »


Man in business attire dragging large desk behind him

What’s dragging the CBA, Westpac and AMP share prices lower today?

The announcement of class actions against Commonwealth Bank, AMP and Westpac is dragging their share prices lower in early trade. More »


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Here are the dividends this broker thinks CBA and the big four will pay in 2020

Here are the dividends that this leading broker thinks Commonwealth Bank of Australia (ASX:CBA) and the rest of the big four will pay... More »


Dividends

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ASX 200

ASX 200 drops 0.2%, APRA boosts big 4 ASX banks

The S&P/ASX 200 Index (ASX:XJO) dropped 0.2%, APRA has boosted the big 4 ASX bank shares today after giving guidance on dividend payouts. More »


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ASX big banks stocks outperform even as APRA caps dividends

Shares in our big ASX banks are outperforming the broader market after the banking regulator ordered a cap on dividends. More »


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APRA eases dividend restrictions, ASX bank shares rally

APRA has now advised ASX banks they can begin to pay limited dividends of up to half of profits, replacing earlier guidance to defer... More »


Market up or down

ASX 200 flat: Big four banks higher, St Barbara and IGO sinks on Q4 updates

Westpac Banking Corp (ASX:WBC) and IGO Ltd (ASX:IGO) shares are on the move on the ASX 200 on Wednesday. Here's why... More »


Westpac

Why the Westpac share price is storming higher today

The Westpac Banking Corp (ASX:WBC) share price is pushing higher on Wednesday. Here's why the banking giant's shares are on the rise... More »


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What would deflation mean for your ASX shares?

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Share price falling

Top broker warns earnings expectations for the ASX reporting season are too high

If you are feeling nervous about the ASX reporting season, you should be as Citigroup is warning that expectations may be set too high. 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.