SmarterDividends
WEBNF

Westpac Banking (WEBNF) Dividend

Westpac Banking Corporation · Financial Services · Banks - Diversified · semiannual payer

$26.10

Fairly valued · -12% Add to Portfolio

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?

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.

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-dateChangeOld → newMove
May 8, 2025Lower$0.846 → $0.698−17.5%
Nov 7, 2024Higher$0.659 → $0.714+8.3%
May 9, 2024Higher$0.678 → $0.846+24.8%
Nov 9, 2023Higher$0.617 → $0.659+6.8%
May 11, 2023Higher$0.607 → $0.678+11.7%
Nov 17, 2022Lower$0.635 → $0.617−2.8%
May 19, 2022Lower$0.640 → $0.607−5.2%
Nov 5, 2021Higher$0.323 → $0.635+96.6%
May 13, 2021Lower$0.783 → $0.640−18.3%
Nov 11, 2020Lower$0.930 → $0.323−65.3%
Nov 12, 2019Lower$0.963 → $0.783−18.7%
May 16, 2019Lower$1.01 → $0.930−7.8%
WEBNF ex-dividend date & scheduleNext ex-date Nov 5, 2026 · full ex-dividend historyView →WEBNF dividend historyEvery payment, totals by year, raises and cutsView →WEBNF dividend calculator100 shares pay $107.00 a year, $53.50 every six monthsCalculate →WEBNF total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

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.