SmarterDividends
WEBNF

Westpac Banking Corporation

WEBNF

Financial Services · Stock · semiannual payer

Forward Yield

4.32%

Annual Dividend

$1.11

Payout Ratio

75%

5-Yr Growth

16.7%

Ex-Date

May 8, 2026

Frequency

Semiannual

WEBNF Dividend Safety Score

55/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2022
Earnings payout coverage75% of earnings paid out
Yield vs its historyYield in line with its history

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

Is WEBNF a good dividend stock?

Mixed

Westpac Banking Corporation (WEBNF) pays a semiannual dividend yielding 4.32% ($1.11/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

Risks

  • Cut its dividend in 2022

Key Data

Dividend Yield
4.32%
Payout Ratio
75%
Annual Dividend
$1.11
5-Yr Avg Growth
16.7%
Ex-Dividend Date
May 8, 2026
Years of Growth
0
Frequency
semiannual
Beta
0.73
Market Cap
$88.1B
P/E Ratio
17.7
5-Yr Total Return
32%
52-Week Range
$19.75 – $30.71
Dividend Safety
C · 55/100
Ever Cut?
Yes (2022)
WEBNF ex-dividend date & scheduleNext ex-date May 8, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.11 / yr per share

Per payment (semiannual)$55.50
Annual$111.00
Monthly avg$9.25