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Westpac Banking ( (AU:WBC) ) just unveiled an update.
Westpac Banking Corporation has declared a fully franked quarterly distribution of AUD 1.2306 per Westpac Capital Notes 9 (ASX: WBCPL), payable on 23 March 2026 to holders on the record date of 13 March 2026, with the securities trading ex-distribution from 12 March 2026. The distribution, covering the period from 23 December 2025 to 22 March 2026, reflects an annualised distribution rate of 4.9909%, derived from the three‑month BBSW plus a 3.40% margin adjusted for tax, underscoring the bank’s ongoing commitment to servicing its hybrid capital investors and maintaining confidence in its additional tier 1 funding structure.
The most recent analyst rating on (AU:WBC) stock is a Sell with a A$32.20 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 to customers primarily in Australia and New Zealand. The group is an active issuer in domestic capital markets, including hybrid and subordinated securities such as Westpac Capital Notes, which support its regulatory capital position and funding diversity.
YTD Price Performance: 26.49%
Average Trading Volume: 4,510,944
Technical Sentiment Signal: Buy
Current Market Cap: A$133.7B
For a thorough assessment of WBC stock, go to TipRanks’ Stock Analysis page.