Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An update from Westpac Banking ( (AU:WBC) ) is now available.
Westpac Banking Corporation has announced a quarterly distribution on its Westpac Capital Notes 7, listed as WBCPJ, with a fully franked cash payment of AUD 1.3609 per note to be paid on 22 June 2026. The distribution covers the period from 23 March to 22 June 2026, with an ex‑date of 11 June and record date of 12 June, and reflects a distribution rate of 5.3991% per annum based on the 3‑month BBSW plus a 3.40% margin, adjusted for tax.
The announcement confirms continued servicing of Westpac’s hybrid capital securities and signals stability in its capital management strategy amid prevailing interest rate settings. For investors, the defined distribution rate and full franking provide clarity on near‑term income, while the linkage to BBSW underscores ongoing sensitivity of these instruments to benchmark rate movements.
The most recent analyst rating on (AU:WBC) stock is a Sell with a A$34.40 price target. To see the full list of analyst forecasts on Westpac Banking stock, see the AU:WBC Stock Forecast page.
More about Westpac Banking
Westpac Banking Corporation is one of Australia’s major banking and financial services institutions, offering retail, business and institutional banking, wealth management and related financial products. The bank funds itself through a mix of deposits and wholesale instruments, including listed Additional Tier 1 capital notes aimed at income-focused and institutional investors.
Average Trading Volume: 4,268,115
Technical Sentiment Signal: Buy
Current Market Cap: A$137.8B
See more data about WBC stock on TipRanks’ Stock Analysis page.