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.
Hi All, At the share price of $30.63, Westpac shares currently...
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Last
$28.98 |
Change
-0.730(2.46%) |
Mkt cap ! $100.3B | |||
| Open | High | Low | Value | Volume |
| $29.14 | $29.17 | $28.76 | $225.7M | 7.798M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1732 | $28.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.99 | 54287 | 4 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| WBC (ASX) Chart |