WBC 0.52% $27.23 westpac banking corporation

Westpac's $1,000,000,000 AUSTRAC Settlement?, page-534

  1. 4,438 Posts.
    lightbulb Created with Sketch. 339
    "Don't argue with idiots, they drag you down their level."

    I didn't respond to this comment of his at the time:

    "If you consider that is a good yield, a return at or about the current cpi, plus a 12-month risk for your capital, then WBC is for you."

    But for anyone else interested, the 2023 CPI was 4.1% and falling, so unless I'm mistaken WBC dividend including franking will be twice the CPI, not "at or about", or in your case three times.

    Re the "12-month risk for your capital", as a recent buyer at $24.67 I couldn't care less what the SP is in 12 months, in five years time, maybe more so.

    @CbrMaroon did reassure me with the "WBC is for you" though, so I thank him for that. sneaky.png

    GL all.
 
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