WBC 0.88% $28.59 westpac banking corporation

westpac top of class, page-11

  1. OMS
    7,192 Posts.
    lightbulb Created with Sketch. 12
    mark 10
    anz cut the divi so they dont have to raise cash for bad debt provisions etc the saving from putting out 25% less cash to shareholders will be put towards those provisions

    wbc have already had their raising so should not need to cut
    if they do cut the divi, something is wrong here(unless they really want to go safe)

    they are in a stronger position then anz, wbc have raised $'s and dont suffer from as much bad debt as anz

    so cutting the divi, imo, should not happen
    holding at current level is probable
    increasing is unlikely but still a small possibility

 
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