Westpac Banking Dividend

What is Westpac Banking current dividend yield, its reliability and sustainability?

[object Object] Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


5.26%

Current Dividend Yield

Dividend Yield vs Market

Westpac Banking Dividend Yield vs Market
How does WBC dividend yield compare to the market?
SegmentDividend Yield
Company (WBC)5.3%
Market Bottom 25% (AU)2.6%
Market Top 25% (AU)7.0%
Industry Average (Banks)4.7%
Analyst forecast in 3 Years (WBC)6.3%

Notable Dividend: WBC's dividend (5.26%) is higher than the bottom 25% of dividend payers in the Australian market (2.55%).

High Dividend: WBC's dividend (5.26%) is low compared to the top 25% of dividend payers in the Australian market (6.97%).


Stability and Growth of Payments

How stable has Westpac Banking's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
9/30/20251.5415
9/30/20241.515
9/30/20231.4116
12/6/20221.255.26
11/8/20221.255.25
5/10/20221.225.59
11/1/20211.25.35
5/3/20211.164.51
11/2/20200.622.84
5/4/2020-0
11/5/20191.67.53
5/6/20191.886.65
11/6/20181.887.22
11/5/20181.887.02
5/7/20181.886.63
11/6/20171.886.16
5/8/20171.885.94
11/7/20161.885.69
5/2/20161.886.27
11/2/20151.886.08
5/12/20151.865.8
5/4/20151.865.41
11/3/20141.845.19
7/1/20141.85.33
11/4/20131.765.3
5/2/20131.725.55
12/3/20121.685.85
5/11/20121.647.04

Stable Dividend: WBC's dividend payments have been volatile in the past 10 years.

Growing Dividend: WBC's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Earnings Coverage: At its current payout ratio (78.2%), WBC's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: WBC's dividends in 3 years are forecast to be covered by earnings (69.7% payout ratio).


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