Westpac Banking ( (AU:WBC) ) has issued an announcement.
Westpac Banking Corporation has announced a new distribution for its Capital Notes 5, with a distribution amount of AUD 1.2910 per note, fully franked. The distribution rate for the period from March 23, 2025, to June 22, 2025, is set at 5.1218% per annum, reflecting the current 3-month BBSW rate plus a margin. This announcement is significant for investors as it outlines the financial returns expected from these securities, impacting stakeholders’ investment decisions and Westpac’s market position.
More about Westpac Banking
Westpac Banking Corporation is a prominent financial institution in the banking industry, offering a range of financial services including banking, wealth management, and investment products. It is one of the major banks in Australia, focusing on providing comprehensive financial solutions to both individual and corporate clients.
YTD Price Performance: 0.91%
Average Trading Volume: 2,361
Technical Sentiment Signal: Sell
Current Market Cap: $67.7B
See more data about WBC stock on TipRanks’ Stock Analysis page.