Starting a share portfolio involves a smaller initial outlay than investing in property for example and there are no ongoing costs. This increases to almost 18% if you include the $1.12 per share fully franked dividend that Goldman Sachs expects the bank to pay in FY 2021.Goldman has been looking at the loan deferrals which were introduced by the banks at the height of the pandemic. That seems to have happened – Australia is largely heading in the right direction. Each company boasts strong growth prospects over the next 3 to 5 years, and most importantly each pays a generous (and fully franked) dividend! Not only does the WBC share price trade at a discount to peers, a forecasted drop in 2018E P/E to 11.89, would also be an incentive for investors to jump in. Westpac shares are down 42% since the share market started dropped in February 2020.
Any securities or prices used in the examples on this website are for illustrative purposes only and should not be considered as a recommendation to buy, sell or hold. It’s hard for banks to maintain their net interest margin (NIM) if the central bank rate is very lower. Forecast P/E ratio of Westpac. The Motley Fool Australia operates under AFSL 400691. This information is given in good faith and has been derived from sources believed to be accurate at its issue date. Shares are a popular investment for Australians for many reasons.
What are the benefits of being a shareholder? The broker’s forecast $1.12 per share FY 2021 dividend represents a very attractive fully franked 6.2% yield.When investing expert Scott Phillips has a stock tip, it can pay to listen. Westpac is one of Australia’s ‘Big Four’ banks and a financial-services provider headquartered in Sydney. Our Shares are a popular investment for Australians for many reasons. A lower NIM will probably result in a lower net profit for Westpac.
Reason 1: You can own a small piece of something big. This information does not take your personal objectives, circumstances or needs into account. But I don’t think Westpac is out of the woods yet.
Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns.© 2009 - 2020 The Motley Fool Australia Pty Ltd. All rights reserved.ACN: 146 988 052 | Australian Financial Services Licence (AFSL): 400691 Full details are available on request. *Hundreds join unions' car caravan protest in BogotaRightwing Queensland MP dismisses renewable energy as 'fantasy'Jon Bon Jovi shows off his muscular physique on a run in the HamptonsTrent Barrett should 'reconsider' Canterbury Bulldogs job, says Phil Gould13,000 chairs outside German parliament in Greek migrant camps protestTrump calls Biden 'stupid,' demands apology for challenging him on vaccinesWisconsin: Kamala Harris meets Jacob Blake family in battleground state visitJulie Bishop criticises Coalition colleagues over Australian foreign aid cutsSia donates $70,000 to struggling families amid Covid-19 crisisWith the end in sight, what will Worsfold's Essendon legacy be?Economy, coronavirus and race define US general election kick-offOpinion: The Trump administration wants to discourage your 401(k) from including ESG investment optionsBiden would take a COVID vaccine TOMORROW even if it cost him electionEmma Corrin 'got to know' the late Princess Diana in The CrownBaby is the 'spitting image' of Boo from Monsters IncProbables v Possibles: How Rugby Australia could benefit from a Wallabies trial matchSheriff Deputy put on leave after footage shows him attacking black teenager at juvenile centreYour Victorian coronavirus restriction questions answered on work, JobKeeper, surgery, masks, travel and kids‘I’m not Donald Trump’ won’t win the election for BidenVictoria’s medicine: is Daniel Andrews asking the state to swallow too big a pill?Brits heard birdsong for first time as lockdown made us reconnect with natureBeatrice´s wedding dress to go on show to the public at Windsor CastleUS Open 2020: Serena Williams survives huge scare against Maria SakkariSoftbank's $4bn profit on US tech bets hasn't impressed investors'Finding reliable internet can be difficult': Linktree's CTO has spent 18 months working and travelling in a caravan – here's how he did itBoy, 11, could spend Christmas stuck in Queensland boarding schoolHow to Watch Star Wars in ASCII on Windows 10 and MacChef reveals the six most common mistakes home cooks makeAmpadu leaves Chelsea on loan as Sheffield United wrap up busy dayUK coronavirus LIVE: Cases rise by nearly 6,000 in two days as Greek islands added to travel quarantine listChinese bottled water giant Nongfu eyes $1 bn Hong Kong listingPerth man accused of murdering wife was 'suffering psychotic episode, cheating on her', court told'Patchy': Injuries mount as Giants enter sudden-death territoryJustin Bieber is concentrating on being a 'good husband and future dad'Matt Preston cried after having first post-lockdown restaurant mealAbduction of the Woman Leading the Belarus Revolution Is Classic KGB ‘Terror’ PloyTenet debuts with $20.2 million at the domestic box officeThe world's longest COVID-19 lockdowns: how Victoria comparesOriginal Mulan voice actress Ming-Na Wen has cameo in remakeMy lightbulb moment: Healthy food guru Stephanie JohnsonMelbourne Demons lose to Fremantle Dockers, leaving AFL top-eight chance on the tableMelbourne businesses' desperate plea to end lockdownUS veterans and soldiers divided over Trump calling war dead ‘suckers’Hundreds join unions' car caravan protest in BogotaRightwing Queensland MP dismisses renewable energy as 'fantasy'
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Reason 2: Shares … Whilst The second reason to be positive about the Westpac share price is that Australia has mostly gotten The introduction of lockdowns in Melbourne is definitely not what anyone wanted. There have been a couple of catalysts for Westpac’s share price weakness. What a month it has been for the Westpac Bank Corp share price and WBC investors right around Australia.. Westpac is down 35% in three months, far outpacing the falls in the S&P/ASX 200 (), which is down 26%.. Of course, it’s not alone. Interest rates could be very low for some time.
The RBA interest rate is now very low at just 0.25%.
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Since 20 May, Westpac, NAB and ANZ have seen share prices lift by over 20%. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.
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