ANZ.NZ vs WBC.NZ: Dividend Stock Comparison

Compare ANZ Group Holdings Limited and Westpac Banking Corporation side-by-side. See dividend yields, imputation credits, and key metrics to make an informed investment decision.

ANZ Group Holdings Limited

Dividend Yield3.87%
Market Cap144B
SectorFinancial Services

Westpac Banking Corporation

Dividend Yield3.53%
Market Cap171B
SectorFinancial Services

Detailed Dividend Comparison

MetricANZ.NZWBC.NZWinner
Dividend Yield
3.87%3.53%ANZ.NZ
Company Name
ANZ Group Holdings LimitedWestpac Banking Corporation-
Sector
Financial ServicesFinancial Services-
Market Capitalization
144B171BWBC.NZ

Which Dividend Stock is Better?

Choose ANZ.NZ If:

  • You want the higher dividend yield (3.87% vs 3.53%)
  • You want exposure to the Financial Services sector

Choose WBC.NZ If:

  • You prefer larger, more established companies
  • You want exposure to the Financial Services sector

Investment Recommendation

Both ANZ.NZ and WBC.NZ are quality NZ dividend stocks, but they serve different investment goals:

  • For income investors: ANZ.NZ offers the higher yield at 3.87%
  • For diversification: Consider holding both stocks to spread sector risk
  • Check imputation: Review imputation credit ratios for tax efficiency

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