WBC 0.52% $27.23 westpac banking corporation

Hi All, At the share price of $30.63, Westpac shares currently...

  1. 150 Posts.
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    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
$27.23
Change
0.140(0.52%)
Mkt cap ! $94.47B
Open High Low Value Volume
$27.29 $27.40 $27.10 $138.8M 5.101M

Buyers (Bids)

No. Vol. Price($)
1 4602 $27.22
 

Sellers (Offers)

Price($) Vol. No.
$27.23 50657 4
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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