WBCPF News: Westpac Banking's (ASX:WBC) Dividend Will Be Increased To AU$0.61 - 12th May 2022, 7:09am

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Westpac Banking Corporation (ASX:WBC) has announced that it will be increasing its dividend on the 24th of June to AU$0.61. This takes the annual payment to 5.0% of the current stock price, which is about average for the industry.

Check out our latest analysis for Westpac Banking

Westpac Banking's Dividend Is Well Covered By Earnings

We like a dividend to be consistent over the long term, so checking whether it is sustainable is important. Before making this announcement, Westpac Banking was ...

>>> Read more: Westpac Banking's (ASX:WBC) Dividend Will Be Increased To AU$0.61
 
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