Commonwealth Bank of Australia (ASX:CBA) Insider Lynette Cobley Purchases 1,000 Shares

Commonwealth Bank of Australia (ASX:CBAGet Free Report) insider Lynette Cobley purchased 1,000 shares of the stock in a transaction on Wednesday, March 20th. The stock was bought at an average cost 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 firm also recently announced a Interim dividend, which was paid on Wednesday, March 27th. Shareholders of record on Wednesday, March 27th were given a dividend of $2.15 per share. This represents a dividend yield of 1.88%. The ex-dividend date was Tuesday, February 20th. This is a positive change from Commonwealth Bank of Australia’s previous Interim dividend of $2.10. Commonwealth Bank of Australia’s dividend payout ratio is presently 74.78%.

About Commonwealth Bank of Australia

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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.

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Insider Buying and Selling by Quarter for Commonwealth Bank of Australia (ASX:CBA)

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