Commonwealth Bank of Australia (ASX:CBA) Insider Acquires A$12,476.03 in Stock

Commonwealth Bank of Australia (ASX:CBA) insider Mary Padbury purchased 75 shares of Commonwealth Bank of Australia stock in a transaction that occurred on Thursday, February 13th. The shares were bought at an average cost of A$166.35 ($105.95) per share, for a total transaction of A$12,476.03 ($7,946.51).

Commonwealth Bank of Australia Price Performance

The stock has a market capitalization of $278.75 billion, a P/E ratio of 29.65, a P/E/G ratio of 3.63 and a beta of 0.94.

Commonwealth Bank of Australia Increases Dividend

The business also recently declared a Interim dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 27th will be given a dividend of $2.25 per share. The ex-dividend date is Tuesday, February 18th. This is a positive change from Commonwealth Bank of Australia’s previous Interim dividend of $2.15. This represents a yield of 1.35%. Commonwealth Bank of Australia’s payout ratio is 82.74%.

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.