Commonwealth Bank of Australia (ASX:CBA) Raises Dividend to $2.25 Per Share

Commonwealth Bank of Australia (ASX:CBA) declared a interim dividend on Thursday, February 13th,MarketIndexAU Dividends reports. Stockholders of record on Thursday, March 27th will be paid a dividend of 2.25 per share on Thursday, March 27th. This represents a dividend yield of 1.35%. The ex-dividend date is Tuesday, February 18th. This is a boost from Commonwealth Bank of Australia’s previous interim dividend of $2.15.

Commonwealth Bank of Australia Stock Performance

The stock has a market capitalization of $278.75 billion, a P/E ratio of 29.65, a P/E/G ratio of 3.63 and a beta of 0.94.

About Commonwealth Bank of Australia

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.