Commonwealth Bank of Australia Sponsored ADR (OTCMKTS:CMWAY) to Issue Dividend Increase - $1.68 Per Share

Key Points

• The Commonwealth Bank of Australia has announced a dividend increase to $1.68 per share, representing a 19.2% rise from the previous dividend of $1.41.
• The dividend is set to be paid on October 9th to shareholders recorded by August 26th, with the ex-dividend date on August 25th.
• As of the recent market opening, the shares of Commonwealth Bank of Australia are priced at $110.50, with a 52-week range between $85.22 and $127.74.

Commonwealth Bank of Australia Sponsored ADR (OTCMKTS:CMWAY - Get Free Report) declared a dividend on Wednesday, August 20th, investing.com reports. Investors of record on Tuesday, August 26th will be given a dividend of 1.6817 per share on Thursday, October 9th. This represents a yield of 282.0%. The ex-dividend date is Monday, August 25th. This is a 19.2% increase from Commonwealth Bank of Australia's previous dividend of $1.41.

Commonwealth Bank of Australia Stock Up 0.6%

CMWAY stock traded up $0.71 during midday trading on Friday, reaching $113.98. The company had a trading volume of 64,523 shares, compared to its average volume of 30,686. Commonwealth Bank of Australia has a 1-year low of $85.22 and a 1-year high of $127.74. The stock has a 50 day moving average price of $116.22 and a 200-day moving average price of $107.48.

Commonwealth Bank of Australia Company Profile

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.