Hi All,
At the share price of $30.63, Westpac shares currently have a grossed-up dividend yield of 8.7%. This is very high when compared to term deposit rates of about 2.3%. So why is the Westpac share price & that of the other banks falling?
Is it the Royal Commission, worries about the housing market or worries about the US bond market & increased funding costs?
Cheers.
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Last
$37.95 |
Change
-0.340(0.89%) |
Mkt cap ! $129.8B | |||
| Open | High | Low | Value | Volume |
| $38.18 | $38.19 | $37.74 | $115.1M | 3.035M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13 | $37.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.00 | 6435 | 8 |
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| Last trade - 16.10pm 11/09/2025 (20 minute delay) ? |
| WBC (ASX) Chart |