Westpac updates 2025 final dividend details and reinvestment plan

Westpac Banking Corporation announced an update to its ordinary final dividend of AUD 0.77 per fully paid share for the period ending September 30, 2025. The dividend is fully franked at a corporate tax rate of 30%. Payment is scheduled for December 19, 2025, with a record date of November 7, 2025, and an ex-date of November 6, 2025. New Zealand residents will also receive an imputation credit of NZD 0.06 per share.

Shareholders can receive payments in AUD, or equivalent amounts in GBP and NZD, based on exchange rates of GBP 0.493645 and NZD 1.14638, respectively. The company also offers a Dividend Reinvestment Plan (DRP), which is applicable to this dividend.

The DRP price is set at AUD 38.09 per share, calculated as the average daily volume-weighted average market price from November 12 to December 2, 2025, with no discount applied. The DRP participation rate for this dividend is 11.3% of Westpac ordinary fully paid shares on issue. Participation in the DRP is restricted to shareholders residing in Australia or New Zealand.