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Commonwealth Bank of Australia Announces New Dividend Distribution

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Commonwealth Bank of Australia Announces New Dividend Distribution

The latest update is out from Commonwealth Bank of Australia ( (AU:CBA) ).

The Commonwealth Bank of Australia announced a new dividend distribution for its security, CBAPL – CAP NOTE 3-BBSW+2.85% PERP NON-CUM RED T-06-28. The distribution amount is set at AUD 1.2287, with key dates including an ex-date of June 5, 2025, a record date of June 6, 2025, and a payment date of June 16, 2025. This announcement reflects the bank’s ongoing commitment to providing returns to its investors and may influence stakeholder perceptions positively.

More about Commonwealth Bank of Australia

Commonwealth Bank of Australia is a major financial institution in Australia, operating in the banking industry. It offers a wide range of financial services including retail, business, and institutional banking, as well as wealth management products. The bank is a prominent player in the Australian market, focusing on delivering 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

See more insights into 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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