Commonwealth Bank of Australia Sponsored ADR (OTCMKTS:CMWAY) Declares Dividend of $1.68

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. Shareholders of record on Tuesday, August 26th will be paid a dividend of 1.6817 per share on Thursday, October 9th. This represents a dividend 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 Down 3.2%

CMWAY traded down $3.6250 during trading on Monday, hitting $110.3550. The company's stock had a trading volume of 16,236 shares, compared to its average volume of 56,256. Commonwealth Bank of Australia has a twelve month low of $85.22 and a twelve month high of $127.74. The business's fifty day simple moving average is $116.22 and its 200 day simple moving average is $107.51.

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.