Westpac Banking Corp. (WBK)

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Article Excerpt

Today’s recommendation, Westpac Banking Corp. (WBK), only pays dividends twice a year, like many ADRs. However, it currently yields a historically high 7.3% (based on yesterday’s closing price of $110.82). On top of that, WBK consistently increases its dividend. If you have a place in your income portfolio for a twice-yearly…

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