Dividend Yield.....

Westpac Banking Dividend History.


Please note that the bar chart below utilizes only the declared dividend and any Special dividend.  It DOES NOT include

imputation credits (for NZ residents) and /or supplementary dividends (which are for non residents).  Information on

Imputation credits and Supplementary dividends may be either found further down this page or on the NZX website.

(Note dividends shown in AUD)

As of 21/12/2016  1 AUD = 1.0495 NZD

2016 final ordinary dividend

94 cents per share

Westpac`s 2016 final ordinary dividend was announced on 7 November 2016 and paid on 21 December 2016. It was 100% franked with Australian franking credits at the company tax rate of 30%. A New Zealand imputation credit of NZD 0.07 per share was attached to the dividend.

The Dividend Reinvestment Plan (DRP) for the 2016 final dividend operated as follows:

  • The Market Price at which shares were issued was $31.32;
  • Was satisfied by issuing shares;
  • The Market Price at which shares were issued did not include a discount; and
  • The Market Price was determined over the 10 trading days commencing on 18 November 2016.

Dividend payment information


Share prices

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Dividend reinvestment plan (DRP)

Westpac`s DRP allows eligible shareholders to reinvest some or all of their dividends in additional Westpac ordinary shares with no transaction costs.

Dividend donation plan

Interested in donating a portion of your dividend to benefit one of our charitable foundations? Find out how.

Dividend payment history

Lists payment date, rate and franking level for Westpac ordinary shares (plus NZ imputation credits) dating back to 1983.

Dividend payment history

Payment dateRate (cents)Franking level New Zealand imputation creditsDRP* DBP** 
Dividends paid on Westpac ordinary sharesNZ cents per shareIssue price
21/12/201694Fully @ 30%7$31.32n/a
04/07/201694Fully @ 30%7$30.43n/a
21/12/201594Fully @ 30%6$31.83n/a
02/07/201593Fully @ 30%6 $31.88 n/a
19/12/201492Fully @ 30%6$32.68n/a
02/07/201490Fully @ 30%6$34.39n/a
19/12/2013 - special dividend10Fully @ 30%0.8$32.50n/a
19/12/201388Fully @ 30%7.4$32.50n/a
02/07/2013 - special dividend10Fully @ 30%0.9$28.94n/a
02/07/201386Fully @ 30%8$28.94n/a
20/12/201284Fully @ 30%8$24.86n/a
02/07/201282Fully @ 30%8$20.38n/a
19/12/2011 80Fully @ 30%n/a$20.32n/a
04/07/201176Fully @ 30%n/a$21.78n/a
20/12/201074Fully @ 30%n/a$21.57n/a
02/07/201065Fully @ 30% n/a$22.64n/a 
 21/12/200960Fully @ 30%n/a$23.61n/a
02/07/200956Fully @ 30%n/a$18.46n/a
17/12/200872Fully @ 30%n/a$16.13n/a
02/07/200870Fully @ 30%n/a$22.42n/a
18/12/200768Fully @ 30%n/a$27.53n/a
02/07/200763Fully @ 30%n/a$26.15n/a
13/12/200660Fully @ 30%n/a$24.05n/a
03/07/200656Fully @ 30%n/a$22.38n/a
14/12/200551Fully @ 30%n/a$22.22n/a
01/07/200549Fully @ 30%n/a$19.37n/a
15/12/200444Fully @ 30%n/a$18.37n/a
02/07/200442Fully @ 30%n/a$16.97n/a
19/12/200340Fully @ 30%n/a$15.66n/a
04/07/200338Fully @ 30%n/a$16.27n/a
20/12/200236Fully @ 30%n/a$13.95n/a
05/07/200234Fully @ 30%n/a$16.52n/a
21/12/200132Fully @ 30%n/a$15.37n/a
06/07/200130Fully @ 30%n/a$13.94n/a
02/01/200128Fully @ 34%n/a$13.92n/a
07/07/200026Fully @ 34%n/a$12.16n/a
02/07/199923Fully @ 36%n/a$10.28n/a
04/01/199922Fully @ 36%n/a$10.28n/a
03/07/199821Fully @ 36%n/a$9.67n/a
05/01/199820Fully @ 36%n/an/an/a
04/07/199719Fully @ 36%n/an/an/a
28/01/199717Fully @ 36%n/an/an/a
05/07/199616Fully @ 36%n/an/an/a
31/01/199615Fully @ 36%n/an/an/a
08/07/19936Fully @ 39%n/a$3.43$3.43
22/01/19936Fully @ 39%n/a$2.96$2.96
09/07/199212Fully @ 39%n/a$3.05$3.05
30/01/199212.5Fully @ 39%n/a$4.03$4.03
05/07/199115Fully @ 39%n/a$4.16$4.16
24/01/199127.5Fully @ 39%n/a$3.08$3.08
06/07/199025Fully @ 39%n/a$4.28$4.28
25/01/199027.5Fully @ 39%n/a$5.05$5.05
07/07/1989#18Fully @ 39%n/a$4.50$4.50
26/06/1989#7Fully @ 49%n/a$4.50$4.50
27/01/1989***28Fully @ 49%n/a$4.89$4.89
01/07/198815Fully @ 49%n/a$6.18n/a
29/01/198814.5Fully @ 49%n/a$4.38n/a
03/07/198714Fully @ 49%n/a$4.71n/a
30/01/198714Fully @ 49%n/a$4.59n/a


Excel-file Download dividend payment history in excel (XLS 37KB)

* DRP = Dividend Reinvestment Plan was terminated in 1994 and was re-established in 1998. Shares issued under the DRP are allotted or transferred to you at a price calculated as the arithmetic average of the daily volume weighted average market price per Westpac share of all shares traded over the pricing period. The pricing period is the ten trading days (or such other period as the Westpac Board determines and announces to the ASX) commencing two trading days after the after the Record Date.

** DBP = Dividend Bonus Plan was terminated in 1994.

*** Includes a special dividend of 10 cents.

# Note: Two interim dividends, totalling 25 cents, were paid, reflecting the change in rate at which franking was applied.

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