Australia's Westpac slides on trading ex-dividend

Westpac Banking

08/05/2026 01:41

** Shares of Westpac Banking Corp WBC.AX fall as much as 3.9% to A$37.80 in worst intraday session since April 14

** Stock among top losers on the benchmark S&P/ASX 200 index .AXJO

** Top loser on the financial sub-index .AXFJ, which is down 1.6%

** Australia's second-largest mortgage lender trades ex-dividend; to pay interim dividend of 77 Australian cents per share

** YTD, stock down 1.9%, including the day's moves

 (Reporting by Shivangi Lahiri in Bengaluru)

 ((shivangi.lahiri@thomsonreuters.com))