NO dividend trap here.
I think the share price is down because interest rates are higher, giving people alternatives to holding bank shares they can do a term deposit or bonds and get a reasonable yield which has not been the case for several years. WBC also at very low prices because markets down in general, with wars, increased interest rates, and inflation.
FY Results - Divvie, page-34
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Last
$28.05 |
Change
0.200(0.72%) |
Mkt cap ! $97.03B | |||
| Open | High | Low | Value | Volume |
| $28.14 | $28.17 | $27.90 | $95.50M | 3.394M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8815 | $28.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.08 | 168 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| WBC (ASX) Chart |