
Westpac Banking (WEBNF) Dividend
Westpac Banking Corporation · Financial Services · Banks - Diversified · semiannual payer
As of Nov 5, 2026, Westpac Banking (WEBNF) pays a twice-yearly dividend, or $1.07 a year, a 4.11% yield at its $26.10 share price. The next ex-dividend date is Nov 5, 2026, paid Nov 19, 2026. It has a dividend safety grade of C.
Forward Yield
4.11%
Annual Dividend
$1.07
Payout Ratio
77%
5-Yr Growth
16.7%
Ex-Date
Nov 5, 2026
Frequency
Semiannual
Key facts about WEBNF's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Westpac Banking Corporation (WEBNF) has a forward dividend yield of 4.11%, based on an annual dividend of $1.07 per share and a share price of $26.10.
- As of Nov 5, 2026, WEBNF's dividend safety grade from SmarterDividends is C (52 out of 100), which rates the dividend as borderline.
- WEBNF last cut its regular dividend in 2022.
- WEBNF's next ex-dividend date is Nov 5, 2026, with payment on Nov 19, 2026. Shares must be owned before that date to receive the dividend.
- As of Nov 5, 2026, WEBNF pays out 77% of its trailing 12-month earnings as dividends (its payout ratio).
- WEBNF's dividend has grown at an average rate of 16.7% a year over the past five years.
- As of Nov 5, 2026, WEBNF's 4.11% yield is 43% below its five-year average yield of 7.15%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for WEBNF is $22.92 per share, 12% below the $26.10 share price, so WEBNF screens as fairly valued.
- Westpac Banking Corporation (WEBNF) pays its dividend semiannual, 2 times a year.
Cite this page
SmarterDividends, "WEBNF Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/WEBNF
Is WEBNF a good dividend stock?
MixedWestpac Banking Corporation (WEBNF) pays a semiannual dividend yielding 4.11% ($1.07/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 16.7% 5-yr dividend growth
- 88% total price return over 5 years
Risks
- Cut its dividend in 2022
Key Data
- Dividend Yield
- 4.11%
- Payout Ratio
- 77%
- Annual Dividend
- $1.07
- 5-Yr Avg Growth
- 16.7%
- Ex-Dividend Date
- Nov 5, 2026
- Years of Growth
- 0
- Frequency
- semiannual
- Beta
- 0.64
- Market Cap
- $89.1B
- P/E Ratio
- 19.1
- 5-Yr Total Return
- 88%
- 52-Week Range
- $22.06 – $30.71
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2022)
WEBNF dividend changes
Westpac Banking Corporation (WEBNF) pays a variable dividend: across the 22 payments on record since 2014, 9 were higher than the one before and 10 lower. The latest change was down 17.5% to $0.698 per share, going ex-dividend on May 8, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 8, 2025 | Lower | $0.846 → $0.698 | −17.5% |
| Nov 7, 2024 | Higher | $0.659 → $0.714 | +8.3% |
| May 9, 2024 | Higher | $0.678 → $0.846 | +24.8% |
| Nov 9, 2023 | Higher | $0.617 → $0.659 | +6.8% |
| May 11, 2023 | Higher | $0.607 → $0.678 | +11.7% |
| Nov 17, 2022 | Lower | $0.635 → $0.617 | −2.8% |
| May 19, 2022 | Lower | $0.640 → $0.607 | −5.2% |
| Nov 5, 2021 | Higher | $0.323 → $0.635 | +96.6% |
| May 13, 2021 | Lower | $0.783 → $0.640 | −18.3% |
| Nov 11, 2020 | Lower | $0.930 → $0.323 | −65.3% |
| Nov 12, 2019 | Lower | $0.963 → $0.783 | −18.7% |
| May 16, 2019 | Lower | $1.01 → $0.930 | −7.8% |
Frequently Asked Questions
Is WEBNF a good dividend stock?
Mixed. Westpac Banking Corporation (WEBNF) pays a semiannual dividend yielding 4.11% ($1.07/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is WEBNF undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, WEBNF's fair value is about $22.92 versus a $26.10 share price — so it looks fairly valued (-12% vs. fair value).
Is WEBNF's dividend safe?
WEBNF has a dividend-safety grade of C (52/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2022, debt and yield-versus-history.
What is WEBNF's fair value?
Our blended fair-value estimate for WEBNF is about $22.92 per share, about 12% below the current $26.10 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is WEBNF a buy, hold, or sell?
We don't issue formal ratings, but on the data WEBNF screens as "mixed" and fairly valued. Westpac Banking Corporation (WEBNF) pays a semiannual dividend yielding 4.11% ($1.07/yr), with 0 years of growth and a dividend-safety grade of C. 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.
Will WEBNF cut its dividend?
WEBNF earns a dividend-safety grade of C (52/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does WEBNF pay a dividend?
Yes. Westpac Banking Corporation pays a semiannual dividend of about $1.07 per share annually, a forward yield of roughly 4.11%.
How much dividend does 100 shares of WEBNF pay?
At $1.07 per share a year, 100 shares of WEBNF pay $107.00 a year in dividends before tax, about $53.50 every six months. Buying them costs about $2,610 at the Nov 5, 2026 price.
What is WEBNF's dividend yield?
As of Nov 5, 2026, WEBNF's forward dividend yield is 4.11%, based on a $1.07 annual dividend and a $26.10 share price.
What is WEBNF's dividend per share?
As of Nov 5, 2026, WEBNF pays $1.07 per share per year, distributed on a semiannual basis.
What is WEBNF's dividend payout ratio?
As of Nov 5, 2026, WEBNF's payout ratio is 77% of trailing 12-month earnings — a moderate level that's generally sustainable.
How many years has WEBNF grown its dividend?
WEBNF does not currently have a long dividend-growth streak on record.
When is the next WEBNF ex-dividend date?
As of Nov 5, 2026, the next ex-dividend date on record for WEBNF is Nov 5, 2026.
WEBNF Price — Last 12 Months
Daily close
Price Return
1 Year
+12%
3 Years
+98%
5 Years
+88%
52-Week Range
$22.06 – $30.71
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is WEBNF worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Westpac Banking Corporation is $22.92 per share, versus a market price of $26.10. That implies the stock is roughly fairly priced.
Fair Value
$22.92
Current Price
$26.10
Gap
-12%
Margin of Safety
-14%
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), 5.1% growth for five years fading to 2.5% over the next five, $1.34 EPS, $1.06 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
WEBNF Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full WEBNF dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 8, 2025 | — | $0.6980 | regular |
| Nov 7, 2024 | — | $0.7140 | regular |
| May 9, 2024 | Jun 25, 2024 | $0.8460 | regular |
| Nov 9, 2023 | Dec 19, 2023 | $0.6590 | regular |
| May 11, 2023 | Jun 27, 2023 | $0.6780 | regular |
| Nov 17, 2022 | Dec 20, 2022 | $0.6170 | regular |
| May 19, 2022 | Jun 24, 2022 | $0.6070 | regular |
| Nov 5, 2021 | Dec 21, 2021 | $0.6350 | regular |
| May 13, 2021 | Jun 25, 2021 | $0.6400 | regular |
| Nov 11, 2020 | Dec 18, 2020 | $0.3230 | regular |
| Nov 12, 2019 | Dec 20, 2019 | $0.7830 | regular |
| May 16, 2019 | Jun 24, 2019 | $0.9300 | regular |
| Nov 13, 2018 | Dec 20, 2018 | $0.9630 | regular |
| May 17, 2018 | Jul 4, 2018 | $1.0090 | regular |
Income Calculator
At $1.07 / yr per share
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