Commonwealth Bank of Australia (ASX:CBA) Insider Purchases A$116,434.00 in Stock

Commonwealth Bank of Australia (ASX:CBA) insider Lynette Cobley acquired 1,000 shares of the stock in a transaction dated Wednesday, March 20th. The stock was acquired at an average price of A$116.43 ($76.10) per share, for a total transaction of A$116,434.00 ($76,100.65).

Commonwealth Bank of Australia Stock Performance

Commonwealth Bank of Australia Increases Dividend

The business also recently disclosed a Interim dividend, which was paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 27th were paid a $2.15 dividend. This represents a dividend yield of 1.88%. This is a positive change from Commonwealth Bank of Australia’s previous Interim dividend of $2.10. The ex-dividend date of this dividend was Tuesday, February 20th. Commonwealth Bank of Australia’s dividend payout ratio is 74.78%.

Commonwealth Bank of Australia Company Profile

Commonwealth Bank of Australia provides financial services in Australia, New Zealand, and internationally. It operates through Retail Banking Services, Business Banking, Institutional Banking and Markets, and New Zealand segments. The company offers transaction, savings, and foreign currency accounts; term deposits; personal and business loans; overdrafts; equipment finance; credit cards; international payment and trade; and private banking services, as well as home and car loans.