WBC 0.96% $32.75 westpac banking corporation

what's westpac worth right now ?, page-8

  1. 13,068 Posts.
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    No not right

    56c times twice a year so $1.12 for the full year which grossed up is $1.60, or a dividend yield of 8.5%.

    PER is based on earnings not dividend. Dividend payout ratio for first half was 75%. So $18.87 divided by ($1.12/0.75) = a PER ratio of 12.6.
 
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