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Commonwealth Bank of Australia Announces New Dividend Distribution

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Commonwealth Bank of Australia Announces New Dividend Distribution

Commonwealth Bank of Australia ( (AU:CBA) ) just unveiled an update.

The Commonwealth Bank of Australia announced a new dividend distribution for its security, CAP NOTE 3-BBSW+3.40% PERP NON-CUM RED T-04-25, with a distribution amount of AUD 0.4467. The ex-date is set for April 4, 2025, with the record date on April 7, 2025, and payment to be made on April 15, 2025. This announcement reflects the bank’s ongoing commitment to providing returns to its investors and maintaining its financial performance in the competitive banking sector.

More about Commonwealth Bank of Australia

Commonwealth Bank of Australia is a major financial institution in Australia, operating in the banking and financial services industry. It offers a range of products and services including retail, business, and institutional banking, funds management, superannuation, insurance, investment, and broking services. The bank is a key player in the Australian market, focusing on providing comprehensive financial solutions to its customers.

YTD Price Performance: -5.53%

Average Trading Volume: 1,860,586

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$241.1B

Learn more about CBA stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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