May 11, 2017 @ 7:59 pm | Breaking News, Dividend Income Portfolio, WBK, Z-SYMBOLS (select below) |
The new Australian federal budget includes a 6 basis point (100 basis points equal one percentage point) annual tax on liabilities at the country’s five biggest banks. The tax would apply to liabilities including senior bonds, covered bonds, subordinated bonds...
November 10, 2010 @ 1:03 pm | Buy, WBK |
They have banks in Australia too. And a stronger economy and an appreciating currency against the U.S. dollar. And no government constraints on raising dividends if a bank wants to signal its confidence in the future. I’m going to use the weakness in Australian stocks...
February 13, 2009 @ 7:46 am | Buy, WBK |
The price is up 12.2% since I bought these shares of Berkeley Preferred (WRB-A) and, because of that, the yield is down from 8.85% on February 11. But at 7.6% this is still a great way to make some money if, as I expect, the market goes sideways this summer. Of...