Westpac Banking Co. (ASX:WBC – Get Free Report) insider Peter King acquired 93,567 shares of the business’s stock in a transaction dated Wednesday, November 6th. The shares were bought at an average price of A$32.26 ($21.22) per share, for a total transaction of A$3,018,471.42 ($1,985,836.46).
Westpac Banking Price Performance
Westpac Banking Increases Dividend
The business also recently disclosed a Final dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Wednesday, December 18th will be issued a dividend of $0.76 per share. The ex-dividend date of this dividend is Wednesday, November 6th. This is a positive change from Westpac Banking’s previous Final dividend of $0.72. This represents a dividend yield of 2.38%. Westpac Banking’s payout ratio is 83.80%.
About Westpac Banking
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