Westpac Banking Co. (ASX:WBC) Insider Andy Maguire Acquires 6,615 Shares

Westpac Banking Co. (ASX:WBC) insider Andy Maguire bought 6,615 shares of the stock in a transaction that occurred on Tuesday, December 31st. The stock was acquired at an average price of A$32.40 ($20.12) per share, for a total transaction of A$214,312.77 ($133,113.52).

Westpac Banking Price Performance

Westpac Banking Increases Dividend

The business also recently announced a Final dividend, which was paid on Wednesday, December 18th. Investors of record on Wednesday, December 18th were given a $0.76 dividend. This represents a yield of 2.38%. The ex-dividend date was Wednesday, November 6th. This is a positive change from Westpac Banking’s previous Final dividend of $0.72. Westpac Banking’s dividend payout ratio is currently 83.80%.

About Westpac Banking

Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. The company operates through Consumer, Business, Consumer and Business Banking, Westpac Institutional Bank, Specialist Businesses, and Westpac New Zealand segments. It offers savings, term deposit, business transaction, not-for-profit transaction, foreign currency, farm management deposit, project and retention trust, and statutory trust accounts; home, personal, business, and commercial loans; car and equipment finance; business overdrafts and bank guarantees; debit and credit cards; international and travel services; share trading services; investment products; and home, car, travel, life, caravan and trailer, credit card and loan repayment, boat, and business insurance products.