Westpac Bank's (WBC) Dividends for December 2013

Westpac Bank (WBC), one of Australia's big-four banks, on Monday declared their final dividends for 2012/13. The dividends to be paid on 19 December 2013 are:

• an 88 cent per share fully franked ordinary dividend, plus
• a 10 cent per share special dividend, also fully franked
• shareholders will receive $3.0 billion in dividends plus $1.3 billion in franking credits

The total dividends are $1.40 per share (98 cents cash + 42 cents franking credits). This is an increase of 20 cents (14c cash + 6c franking credits) over the dividend paid in December 2012.

Two Bank Dividends (ANZ & NAB)

Two of Australia's biggest banks, ANZ and NAB, this week announced dividends for their financial years which ended on 30 September 2013.

ANZ Bank (ANZ)

On Tuesday ANZ declared a fully franked dividend of 91 cents per share to be paid on 16 December 2013. The total dividend, including franking credits, is $1.30 per share (91 cents cash + 39 cents franking credits). This is an increase of 17 cents (12c cash + 5c franking credits) over the dividend paid in December 2012.