Why Westpac (ASX:WBC) could be about to deliver a dividend surge

Of the ASX’s major banks, Westpac Banking Corp (ASX: WBC) has probably been the most disappointing for ASX investors. That assumption is purely based on dividends, seeing as the ASX banking sector is one of the most famous for providing shareholder income. 

In years gone by, most of the ASX’s big four banks offered fully franked dividend yields between 4-7%.

But the coronavirus pandemic turned that paradigm on its head. It’s been more than a year since the onset of the pandemic, and the ASX banks are only now getting back to the levels they were trading at before the pandemic. 

Yet, the same can’t be said of the ASX banks’…