Westpac Banking Co. (ASX:WBC) Plans Dividend Increase – $0.76 Per Share

Westpac Banking Co. (ASX:WBC) announced a final dividend on Tuesday, November 5th, MarketIndexAU reports. Shareholders of record on Wednesday, December 18th will be given a dividend of 0.76 per share on Wednesday, December 18th. This represents a dividend yield of 2.38%. The ex-dividend date is Wednesday, November 6th. This is a boost from Westpac Banking’s previous final dividend of $0.72.

Westpac Banking Price Performance

Westpac Banking Company Profile

Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. The company operates through Consumer, Business, Consumer and Business Banking, Westpac Institutional Bank, Specialist Businesses, and Westpac New Zealand segments. It offers savings, term deposit, business transaction, not-for-profit transaction, foreign currency, farm management deposit, project and retention trust, and statutory trust accounts; home, personal, business, and commercial loans; car and equipment finance; business overdrafts and bank guarantees; debit and credit cards; international and travel services; share trading services; investment products; and home, car, travel, life, caravan and trailer, credit card and loan repayment, boat, and business insurance products.