BUZZ-Australia's Westpac slips on ex-dividend trade

Reuters05-09

** Shares of Westpac fall as much as 5.6% to A$26.330, posting its biggest intraday percentage decline since June 14, 2022

** The country's third-largest lender trades ex-dividend

** Co on Monday declared an interim dividend of 75 AU cents per share and a special dividend of 15 AU cents apiece

** About 7.7 mln shares change hands, compared with the 30-day average volume of around 5.7 mln shares

** Stock up 21.8% YTD, based on last close

(Reporting by Aaditya Govind Rao in Bengaluru)

((Aaditya.govindrao@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment