"Dividends Remain Under Threat..." reports Australian Financial Review
https://www.copyright link/companies/financial-services/westpac-safe-from-cap-raise-but-dividends-remain-under-threat-20200107-p53pjb
Exactly what I've been predicting!
There are a many negative factors (see article) impacting on WBC's future dividend payments.
With regard to "Future Capital Raisings..." IMO, the FR article is under-estimating the Investor's Class Action now before the Federal Court. While no figure has been firmed-up, IMO could be as high as $50 Billion!
If so-or near enough-then massive negative impact on WBC share price.
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westpac banking corporation
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$33.86

"Dividends Remain Under Threat..." reports Australian Financial...
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Last
$33.86 |
Change
-0.040(0.12%) |
Mkt cap ! $115.8B |
Open | High | Low | Value | Volume |
$33.90 | $34.16 | $33.80 | $165.7M | 4.886M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3 | $33.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$33.90 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3 | 33.860 |
1 | 13100 | 33.850 |
1 | 8275 | 33.840 |
1 | 1000 | 33.830 |
2 | 8275 | 33.810 |
Price($) | Vol. | No. |
---|---|---|
33.900 | 2000 | 1 |
33.910 | 1000 | 1 |
33.950 | 674 | 2 |
33.960 | 816 | 1 |
34.000 | 2682 | 2 |
Last trade - 16.19pm 30/06/2025 (20 minute delay) ? |
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WBC (ASX) Chart |