Westpac Announces New Distribution for Capital Notes

Westpac Banking (AU:WBC) has released an update.

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Westpac Banking Corporation has announced a fully franked distribution for its Capital Notes 5 at a rate of 5.3559% per annum, translating to a cash amount of AUD 1.3206 per note. The ex-date for this distribution is set for March 13, 2025, with payment scheduled for March 24, 2025. These notes provide an appealing opportunity for investors seeking stable returns in the financial market.

For further insights into AU:WBC stock, check out TipRanks’ Stock Analysis page.

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