Commonwealth Bank of Australia (OTCMKTS:CMWAY) Raises Dividend to $1.45 Per Share

Commonwealth Bank of Australia (OTCMKTS:CMWAYGet Rating) declared a dividend on Wednesday, August 17th, investing.com reports. Investors of record on Monday, August 22nd will be given a dividend of 1.4456 per share on Monday, October 10th. This represents a yield of 3.83%. The ex-dividend date of this dividend is Friday, August 19th. This is an increase from Commonwealth Bank of Australia’s previous dividend of $1.24.

Commonwealth Bank of Australia Price Performance

Shares of OTCMKTS:CMWAY opened at $71.62 on Wednesday. The company’s 50-day moving average price is $66.00 and its two-hundred day moving average price is $71.33. Commonwealth Bank of Australia has a one year low of $59.00 and a one year high of $82.19.

Analysts Set New Price Targets

Separately, Jefferies Financial Group lowered Commonwealth Bank of Australia from a “buy” rating to a “hold” rating in a report on Thursday, August 11th.

Commonwealth Bank of Australia Company Profile

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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 retail, premium, business, offshore, and institutional banking services; and funds management, superannuation, and share broking products and services, as well as car, health, life, income protection, and travel insurance.

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Dividend History for Commonwealth Bank of Australia (OTCMKTS:CMWAY)

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