2016 final ordinary dividend
94 cents per share
Westpac's 2016 final ordinary dividend was announced on 7 November 2016 and will be paid on 21 December 2016. It will be 100% franked with Australian franking credits at the company tax rate of 30%. A New Zealand imputation credit of NZD 0.07 per share will be attached to the dividend.
The Dividend Reinvestment Plan (DRP) for the 2016 final dividend will operate as follows:
- Will be satisfied by issuing shares;
- The Market Price at which shares will be issued will not include a discount; and
- The Market Price will be determined over the 10 trading days commencing on 18 November 2016.
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