Westpac Banking Corporation (WBK) Dividends

Westpac Banking Corporation (WBK)

Today's Latest Price: $13.48 USD

0.09 (0.67%)

Updated Oct 23 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 44 in Foreign Banks

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • WBK's average cash flow over the past 4 years is greater than 95.95% of current dividend paying stocks in the US.
  • Currently, WBK generates more cash flow over the 12 months prior than 97.54% of US dividend stocks.
  • In terms of absolute dollars distributed to common shareholders over the past 12 months, WBK has returned $5,769,000,000 US dollars, more than 96.29% of US dividend issuers.
  • As for stocks whose price is uncorrelated with WBK's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: VSEC, LII, BDC, GM and GE.
WBK Ex-Dividend Date
WBK Dividend Yield
4.08%
WBK Annual Dividend
$0.55
WBK Payout Ratio

WBK Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$13.48$28.08 114.98%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of WBK, the DDM model generated by StockNews estimates a return of positive 114.98% in comparison to its current price. To help understand and contextualize the model's evaluation of WBK, investors may wish to consider are:

  • WBK's market cap is about 46 billion US dollars -- this puts the stock in the large-sized market cap class, and its dividend yield is greater than 78.59% of dividend yielding stocks in the same market cap class.
  • Westpac Banking Corp's dividend growth rate is higher than merely 15.37% of stocks in its sector (Financial Services).
  • Regarding its relative worth based on the dividend discount model, Westpac Banking Corp's estimated return of 114.98% surpasses about 84.94% of dividend issuers we applied the dividend discount model to.

WBK Dividend Chart


WBK Dividend History

Ex-Dividend Date Type Payout Amount Change
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WBK Dividends vs. Peers

WBK's dividend yield currently ranks #18 of 45 vs. its peers in the Foreign Banks category.
Rank Symbol Name Dividend Yield
1 BBVA Banco Bilbao Vizcaya Argentaria S.A. 10.07%
2 BLX Banco Latinoamericano de Comercio Exterior, S.A. 8.16%
3 ITCB Itau CorpBanca American Depositary Shares (each representing 1,500 shares of , no par value) 7.58%
4 NTB Bank of N.T. Butterfield & Son Limited (The) Voting Ordinary Shares 7.50%
5 AVAL Grupo Aval Acciones y Valores S.A. ADR (Each representing 20 preferred shares) 7.17%
6 BAP Credicorp Ltd. 6.98%
7 WF Woori Financial Group Inc. American Depositary Shares (each representing three (3) shares of ) 6.38%
8 BNS Bank Nova Scotia Halifax Pfd 3 Ordinary Shares 6.32%
9 CM Canadian Imperial Bank of Commerce 5.99%
10 BMO Bank Of Montreal 5.44%
11 SMFG Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) 5.30%
12 SHG Shinhan Financial Group Co Ltd American Depositary Shares 5.00%
13 TD Toronto Dominion Bank (The) 4.96%
14 BSMX Banco Santander Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico 4.94%
15 CIB BanColombia S.A. 4.76%
16 MUFG Mitsubishi UFJ Financial Group, Inc. 4.69%
17 KB KB Financial Group Inc 4.61%
18 WBK Westpac Banking Corporation 4.58%
19 RY Royal Bank Of Canada 4.51%
20 SAN Banco Santander, S.A. Sponsored ADR (Spain) 4.28%
21 BPOP Popular, Inc. 4.23%
22 BCH Banco De Chile Banco De Chile ADS 3.99%
23 MFG Mizuho Financial Group, Inc. Sponosred ADR (Japan) 3.97%
24 FBP First BanCorp. New 3.54%
25 EWBC East West Bancorp, Inc. 3.28%
26 BSBR Banco Santander Brasil SA American Depositary Shares, each representing one unit 2.59%
27 BSAC Banco Santander - Chile ADS 2.18%
28 OFG OFG Bancorp 2.16%
29 BBD Banco Bradesco Sa American Depositary Shares 1.16%
30 BBDO Banco Bradesco Sa American Depositary Shares (each representing one Common Share) 0.93%
31 ITUB Itau Unibanco Banco Holding SA American Depositary Shares (Each repstg 500 Preferred shares) 0.75%
32 CS Credit Suisse Group American Depositary Shares 0.50%
33 BCS Barclays PLC 0.00%
34 HDB HDFC Bank Limited 0.00%
35 BBAR BBVA Banco Frances S.A. 0.00%
36 GGAL Grupo Financiero Galicia S.A., Class B Shares underlying 0.00%
37 BMA Banco Macro S.A. ADR (representing Ten Class B Common Shares) 0.00%
38 HSBC HSBC Holdings, plc. 0.00%
39 RBS Royal Bank of Scotland Group Plc New (The) ADS 0.00%
40 IBN ICICI Bank Limited 0.00%
41 UBS UBS Group AG Registered Ordinary Shares 0.00%
42 ING ING Group, N.V. 0.00%
43 LYG Lloyds Banking Group Plc American Depositary Shares 0.00%
44 DB Deutsche Bank AG 0.00%
45 FCI FirstCaribbean International Bank Limited 0.00%

Looking for More Information on WBK dividends?

Want to do more research on Westpac Banking Corp's dividends? Try the links below:

Westpac Banking Corp Common Stock (WBK) Dividend History | Nasdaq
Dividend History for Westpac Banking Corp (WBK) - Dividend Investor
Westpac Banking Corp (WBK) Dividend History - Seeking Alpha


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