WBC 1.91% $25.69 westpac banking corporation

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

  1. 148 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
$25.69
Change
-0.500(1.91%)
Mkt cap ! $89.22B
Open High Low Value Volume
$25.89 $25.96 $25.65 $155.8M 6.051M

Buyers (Bids)

No. Vol. Price($)
3 2585 $25.68
 

Sellers (Offers)

Price($) Vol. No.
$25.71 23466 2
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Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
Last
$25.71
  Change
-0.500 ( 1.97 %)
Open High Low Volume
$25.89 $25.92 $25.65 739065
Last updated 15.59pm 26/04/2024 ?
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