Westpac Banking (WBKCY) Dividend
Westpac Banking Corporation · Financial Services · Banks - Diversified · annual payer
As of Nov 5, 2026, Westpac Banking (WBKCY) pays an annual dividend of $0.2652 per share, or $0.27 a year, a 2.00% yield at its $13.29 share price. It pays once a year, usually in May.
Forward Yield
2.00%
Annual Dividend
$0.27
Payout Ratio
39%
5-Yr Growth
—
Ex-Date
May 15, 2026
Frequency
Annual
Key facts about WBKCY's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Westpac Banking Corporation (WBKCY) has a forward dividend yield of 2.00%, based on an annual dividend of $0.27 per share and a share price of $13.29.
- WBKCY has never cut its regular dividend in the payment history SmarterDividends has on record.
- WBKCY's most recent ex-dividend date was May 15, 2026, for a dividend of $0.27 per share.
- As of Nov 5, 2026, WBKCY pays out 39% of its trailing 12-month earnings as dividends (its payout ratio).
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for WBKCY is $7.60 per share, 43% below the $13.29 share price, so WBKCY screens as overvalued.
- Westpac Banking Corporation (WBKCY) pays its dividend annual, once a year.
- Westpac Banking Corporation (WBKCY) has raised its regular dividend 0 times and cut it 0 times across the 1 payments on record since 2026. The regular dividend has not changed in that time.
Cite this page
SmarterDividends, "WBKCY Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/WBKCY
Is WBKCY a good dividend stock?
MixedWestpac Banking Corporation (WBKCY) pays a annual dividend yielding 2.00% ($0.27/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (39%)
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.00%
- Payout Ratio
- 39%
- Annual Dividend
- $0.27
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 15, 2026
- Years of Growth
- 0
- Frequency
- annual
- Beta
- 0.64
- Market Cap
- $90.8B
- P/E Ratio
- 19.3
- 5-Yr Total Return
- —
- 52-Week Range
- $11.15 – $18.87
- Dividend Safety
- —
- Ever Cut?
- No
WBKCY dividend raises and cuts
Westpac Banking Corporation (WBKCY) has raised its regular dividend 0 times and cut it 0 times across the 1 payments on record since 2026. The regular dividend has not changed in that time.
Frequently Asked Questions
Is WBKCY a good dividend stock?
Mixed. Westpac Banking Corporation (WBKCY) pays a annual dividend yielding 2.00% ($0.27/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is WBKCY undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, WBKCY's fair value is about $7.60 versus a $13.29 share price — so it looks overvalued (-43% vs. fair value).
What is WBKCY's fair value?
Our blended fair-value estimate for WBKCY is about $7.60 per share, about 43% below the current $13.29 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is WBKCY a buy, hold, or sell?
We don't issue formal ratings, but on the data WBKCY screens as "mixed" and overvalued. Westpac Banking Corporation (WBKCY) pays a annual dividend yielding 2.00% ($0.27/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Does WBKCY pay a dividend?
Yes. Westpac Banking Corporation pays a annual dividend of about $0.27 per share annually, a forward yield of roughly 2.00%.
How much dividend does 100 shares of WBKCY pay?
At $0.27 per share a year, 100 shares of WBKCY pay $27.00 a year in dividends before tax, about $27.00 each year. Buying them costs about $1,329 at the Nov 5, 2026 price.
What is WBKCY's dividend yield?
As of Nov 5, 2026, WBKCY's forward dividend yield is 2.00%, based on a $0.27 annual dividend and a $13.29 share price.
What is WBKCY's dividend per share?
As of Nov 5, 2026, WBKCY pays $0.27 per share per year, distributed on a annual basis.
What is WBKCY's dividend payout ratio?
As of Nov 5, 2026, WBKCY's payout ratio is 39% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has WBKCY grown its dividend?
WBKCY does not currently have a long dividend-growth streak on record.
When is the next WBKCY ex-dividend date?
As of Nov 5, 2026, WBKCY's next ex-dividend date hasn't been announced. The most recent was May 15, 2026, for $0.27 per share.
WBKCY Price — Last 12 Months
Daily close
Price Return
1 Year
—
3 Years
—
5 Years
—
52-Week Range
$11.15 – $18.87
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is WBKCY worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Westpac Banking Corporation is $7.60 per share, versus a market price of $13.29. That implies 43% of downside.
Fair Value
$7.60
Current Price
$13.29
Downside
-43%
Margin of Safety
-75%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 4.0% growth for five years fading to 2.5% over the next five, $0.67 EPS, $0.27 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
Dividend History
Full WBKCY dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.2652 | regular |
Income Calculator
At $0.27 / yr per share
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