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Westpac Banking (NZSE:WBC) Dividends per Share : NZ$1.45 (TTM As of Sep. 2023)


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What is Westpac Banking Dividends per Share?

Westpac Banking's dividends per share for the six months ended in Sep. 2023 was NZ$0.76. Its dividends per share for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$1.45. Its Dividend Payout Ratio for the six months ended in Sep. 2023 was 0.76. As of today, Westpac Banking's Dividend Yield % is 5.29%.

Warning Sign:

Westpac Banking Corp stock dividend yield is close to 1-year low.

During the past 12 months, Westpac Banking's average Dividends Per Share Growth Rate was 10.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -8.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -5.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Westpac Banking was 37.30% per year. The lowest was -39.00% per year. And the median was 11.20% per year.

For more information regarding to dividend, please check our Dividend Page.


Westpac Banking Dividends per Share Historical Data

The historical data trend for Westpac Banking's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Westpac Banking Dividends per Share Chart

Westpac Banking Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 0.87 0.92 1.36 1.45

Westpac Banking Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 0.64 0.69 0.69 0.76

Competitive Comparison of Westpac Banking's Dividends per Share

For the Banks - Diversified subindustry, Westpac Banking's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Westpac Banking's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Westpac Banking's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Westpac Banking's Dividend Yield % falls into.



Westpac Banking Dividends per Share Calculation

Dividends paid to per common share.


Westpac Banking  (NZSE:WBC) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Westpac Banking's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0.758/ 0.994
=0.76

During the past 13 years, the highest Dividend Payout Ratio of Westpac Banking was 0.98. The lowest was 0.57. And the median was 0.79.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Westpac Banking Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.7200002023-11-092023-11-102023-12-19Cash Dividendsemi-annuallyAUD: 1.000000
AUD 0.7000002023-05-112023-05-122023-06-27Cash Dividendsemi-annuallyAUD: 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


Westpac Banking's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.42/29.80
=4.77 %

Current Share Price is NZ$29.80.
Westpac Banking's Dividends per Share for the trailing twelve months (TTM) ended in Today is NZ$1.42.

During the past 13 years, the highest Dividend Yield of Westpac Banking was 12.63%. The lowest was 2.98%. And the median was 5.65%.

Warning Sign:

Westpac Banking Corp stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Westpac Banking Dividends per Share Related Terms

Thank you for viewing the detailed overview of Westpac Banking's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Westpac Banking (NZSE:WBC) Business Description

Address
275 Kent Street, Sydney, NSW, AUS, 2000
Westpac is Australia's oldest bank and financial services group, with a significant franchise in Australia and New Zealand in the consumer, small business, corporate, and institutional sectors, in addition to its major presence in wealth management. Westpac is among a handful of banks around the globe currently retaining very high credit ratings. The bank benefits from a large national branch network and significant market share, particularly in home loans and retail deposits.