Commonwealth Bank of Australia (ASX:CBA) Insider Mary Padbury Purchases 75 Shares of Stock

Commonwealth Bank of Australia (ASX:CBA) insider Mary Padbury bought 75 shares of the stock in a transaction that occurred on Thursday, February 13th. The stock was bought at an average cost of A$166.35 ($106.63) per share, for a total transaction of A$12,476.03 ($7,997.45).

Commonwealth Bank of Australia Stock Performance

The company 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.

Commonwealth Bank of Australia Increases Dividend

The company also recently announced a Interim dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 27th will be paid a $2.25 dividend. This represents a yield of 1.35%. The ex-dividend date of this dividend is Tuesday, February 18th. This is a boost from Commonwealth Bank of Australia’s previous Interim dividend of $2.15. Commonwealth Bank of Australia’s dividend payout ratio is currently 82.74%.

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.