WBKCY (Westpac Banking) Dividend Payout Ratio: 0.00 (As of Mar. 2026)


WBKCY Westpac Banking Corp WBKCY
46 GF Score
Price $51.67
GF Value $50.87
Valuation Fairly Valued
! 3 Warning Signs
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What is Westpac Banking Dividend Payout Ratio?

Westpac Banking WBKCY +2.68% 46 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates WBKCY with a GF Score™ of 46/100 and a GF Value™ of $50.87 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,169 Banks companies, Westpac Banking ranks worse than 91.45% on this metric.

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 Mar. 2026 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 0.73, 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 0.77.

WBKCY's Dividend Payout Ratio is not ranked *
in the Banks industry.
Industry Median: 0.32
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-06-24), the Dividend Yield % of Westpac Banking is 2.14%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Westpac Banking was 12.63%. The lowest was 2.14%. And the median was 5.51%.

Westpac Banking's Dividends per Share for the months ended in Mar. 2026 was $0.00.

During the past 12 months, Westpac Banking's average Dividends Per Share Growth Rate was 1.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -4.10% 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 10.80% 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 (OTCPK:WBKCY) 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

Westpac Banking Dividend Payout Ratio Historical Data

* Premium members only.

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.

Westpac Banking Dividend Payout Ratio Chart

Westpac Banking Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Westpac Banking Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

WBKCY vs JPM, BAC, WFC: Dividend Payout Ratio Comparison

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 Dividend Payout Ratio vs 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.


WBKCY
46GF Score
Westpac Banking Corp WBKCY
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Sep. 2025 )/ EPS without NRI (A: Sep. 2025 )
=0/ 1.325
=0.00

Westpac Banking's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0/ 0.712
=0.00

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Westpac Banking (WBKCY) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Westpac Banking and its competitors. Over the past decade, Westpac Banking's Dividend Payout Ratio has ranged from 0.57 to 0.98. According to the industry distribution chart, Westpac Banking ranks #1069 out of 1169 companies in the Banks industry, placing it in the top 91.4%.
Is Westpac Banking's Dividend Payout Ratio too high?
Westpac Banking's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 0.98. Based on the distribution chart, Westpac Banking ranks #1069 out of 1169 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Westpac Banking has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Westpac Banking's Dividend Payout Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Westpac Banking ranks #1069 out of 1169 companies for Dividend Payout Ratio. This places Westpac Banking in the lower half of its industry. The industry median Dividend Payout Ratio is 0.32. Historically, Westpac Banking's own Dividend Payout Ratio has ranged from 0.57 to 0.98 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,169 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Westpac Banking and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westpac Banking's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westpac Banking stock overvalued right now?
Based on GuruFocus' analysis, Westpac Banking (WBKCY) is currently considered Fairly Valued. The stock's GF Value™ is $50.87, compared to a current price of $51.67 — trading 1.6% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Westpac Banking's overall GF Score™ is 46/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Westpac Banking (WBKCY), the current Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Westpac Banking (WBKCY) Overvalued in 2026?

Based on GuruFocus' analysis, Westpac Banking stock appears to be overvalued. The current stock price of $51.67 is trading 1.6% above its estimated GF Value™ of $50.87. GuruFocus considers Westpac Banking to be Fairly Valued.

Key valuation signals for WBKCY:

  • Dividend Payout Ratio: 0.00
  • GF Value™: $50.87 vs. price of $51.67 (1.6% above fair value)
  • GF Score™: 46/100 with 3 warning signs

No single metric tells the full story. See the WBKCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Westpac Banking Business Description

Address 275 Kent Street, Level 18, 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.
46GF Score

Get the complete analysis for WBKCY

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$51.67
Price
$50.87
GF Value