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Westpac Banking (ASX:WBCPF.PFD) Dividend Payout Ratio : 0.00 (As of Sep. 2024)


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What is Westpac Banking Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Westpac Banking's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Westpac Banking Corp is 0.76, which seems too high.

The historical rank and industry rank for Westpac Banking's Dividend Payout Ratio or its related term are showing as below:


During the past 13 years, the highest Dividend Payout Ratio of Westpac Banking was 0.98. The lowest was 0.57. And the median was 0.79.

ASX:WBCPF.PFD's Dividend Payout Ratio is not ranked *
in the Banks industry.
Industry Median: 0.34
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-12-15), the Dividend Yield % of Westpac Banking is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Westpac Banking was 12.63%. The lowest was 2.98%. And the median was 5.74%.

Westpac Banking's Dividends per Share for the months ended in Sep. 2024 was A$0.00.

During the past 12 months, Westpac Banking's average Dividends Per Share Growth Rate was 9.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -5.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Westpac Banking was 37.30% per year. The lowest was -39.00% per year. And the median was 11.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Westpac Banking Dividend Payout Ratio Historical Data

The historical data trend for Westpac Banking's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Westpac Banking Dividend Payout Ratio Chart

Westpac Banking Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Dividend Payout Ratio
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Westpac Banking Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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Competitive Comparison of Westpac Banking's Dividend Payout Ratio

For the Banks - Diversified subindustry, Westpac Banking's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Westpac Banking's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Westpac Banking's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Westpac Banking's Dividend Payout Ratio falls into.



Westpac Banking Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Westpac Banking's Dividend Payout Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Sep. 2024 )/ EPS without NRI (A: Sep. 2024 )
=0/ 0
=N/A

Westpac Banking's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0/ 0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Westpac Banking (ASX:WBCPF.PFD) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Westpac Banking Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Westpac Banking's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Westpac Banking Business Description

Address
275 Kent Street, Sydney, NSW, AUS, 2000
Westpac is Australia's oldest bank and financial services group, with a significant franchise in Australia and New Zealand in the consumer, small business, corporate, and institutional sectors, in addition to its major presence in wealth management. Westpac is among a handful of banks around the globe currently retaining very high credit ratings. The bank benefits from a large national branch network and significant market share, particularly in home loans and retail deposits.

Westpac Banking Headlines

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