Westpac Banking Dividends and Buybacks
Dividend criteria checks 4/6
Westpac Banking is a dividend paying company with a current yield of 4.49% that is well covered by earnings.
Key information
4.5%
Dividend yield
1.7%
Buyback Yield
| Total Shareholder Yield | 6.1% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | -1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.001 |
| Payout ratio | 75% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WEBN.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: WEBN.F's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Westpac Banking Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WEBN.F) | 4.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (WEBN.F) (up to 3 years) | 4.7% |
Notable Dividend: WEBN.F's dividend (4.49%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: WEBN.F's dividend (4.49%) is in the top 25% of dividend payers in the US market (4.21%)
Current Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.1%), WEBN.F's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WEBN.F's dividends in 3 years are forecast to be covered by earnings (72.7% payout ratio).