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Insider Buying: Commonwealth Bank of Australia (ASX:CBA) Insider Buys 1,621 Shares of Stock

Financial News Live ·  Mar 3, 2023 19:02

Commonwealth Bank of Australia (ASX:CBA – Get Rating) insider Mary Padbury bought 1,621 shares of the company's stock in a transaction dated Wednesday, February 22nd. The stock was bought at an average cost of A$98.73 ($66.71) per share, for a total transaction of A$160,044.57 ($108,138.22).

Mary Padbury also recently made the following trade(s):

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  • On Thursday, February 16th, Mary Padbury bought 101 shares of Commonwealth Bank of Australia stock. The stock was bought at an average cost of A$102.20 ($69.05) per share, for a total transaction of A$10,322.00 ($6,974.32).
  • On Thursday, December 15th, Mary Padbury sold 1,600 shares of Commonwealth Bank of Australia stock. The shares were sold at an average price of A$100.00 ($67.57), for a total value of A$160,000.00 ($108,108.11).

Commonwealth Bank of Australia Price Performance

Commonwealth Bank of Australia Increases Dividend

The business also recently announced a Interim dividend, which will be paid on Wednesday, March 29th. Stockholders of record on Wednesday, March 29th will be issued a $2.10 dividend. The ex-dividend date is Tuesday, February 21st. This represents a dividend yield of 2.07%. This is a positive change from Commonwealth Bank of Australia's previous Interim dividend of $1.75. Commonwealth Bank of Australia's payout ratio is presently 72.79%.

About Commonwealth Bank of Australia

(Get Rating)

Commonwealth Bank of Australia provides integrated 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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