What is the Commonwealth Bank of Australia (CBA)?
The Commonwealth Bank of Australia (CBA) is a major Australian bank providing various financial services, including retail, business, and institutional banking, funds management, superannuation, insurance, investment, and broking services. Founded in 1911, it is one of Australia’s “big four” banks. CBA operates extensively across Australia, New Zealand, Asia, the United States, and the United Kingdom. The bank is known for its strong focus on customer service, innovation, and technology, providing comprehensive digital banking solutions.
CBA Dividends Date 2024
| Event | Date |
|---|---|
| First quarter trading update (1Q24) | 14 November 2023 |
| Half-year results and interim dividend announcement date | 14 February 2024 |
| The ex-dividend date for interim dividend | 21 February 2024 |
| Record date for interim dividend | 22 February 2024 |
| DRP participation deadline | 23 February 2024 |
| Interim dividend payment date | 28 March 2024 |
| Third quarter trading update (3Q24) | 9 May 2024 |
| Closing date for receipt of director nominations | 14 August 2024 |
| Full-year results and final dividend announcement date | 14 August 2024 |
| The ex-dividend date for final dividend | 21 August 2024 |
| Record date for final dividend | 22 August 2024 |
| final dividend payment date | 27 September 2024 |
| 2024 Annual General Meeting | 16 October 2024 |
The above information is taken from the official website of the Commonwealth Bank of Australia and the above information displays information about the CBA dividend yield in 2024.
CBA Dividends Date 2023
| Event | Date |
|---|---|
| First quarter trading update (1Q23) | 15 Nov 2022 |
| Half-year results and interim dividend announcement date | 15 Feb 2023 |
| Ex-dividend date for interim dividend | 22 Feb 2023 |
| Record date for interim dividend | 23 Feb 2023 |
| DRP participation deadline | 24 Feb 2023 |
| Interim dividend payment date | 30 Mar 2023* |
| Third quarter trading update (3Q23) | 9 May 2023 |
| Full-year results and final dividend announcement date | 9 Aug 2023 |
| Ex-dividend date for final dividend | 16 Aug 2023 |
| Record date for final dividend | 17 Aug 2023 |
| DRP participation deadline | 18 Aug 2023 |
| final dividend payment date | 28 Sep 2023* |
| 2023 Annual General Meeting | 11 Oct 2023 |
The above information is taken from the official website of the Commonwealth Bank of Australia and the above information displays information about the CBA dividend yield 2023.
CBA Financial Calendar 2022
| Summary | Previous Dividend | Next Dividend |
|---|---|---|
| Status | Paid | Forecast |
| Type | Interim | Final |
| Per Share | 1.76c | 2.11c |
| Declaration | Feb 9, 2022 | Aug 10, 2022 |
| Ex-Dividend Date | Feb 16, 2022 | Aug 16, 2022 |
The documentation of all financial activities, including profits, losses, dividends, and taxes, throughout the fiscal year, is referred to as the financial calendar. In Australia, the financial calendar begins on July 1 and ends on June 30.
CBA Dividends Date 2022
| Event | Date |
|---|---|
| First quarter trading update (1Q22) | 17 Nov 2021 |
| The ex-dividend date for interim dividend | 9 Feb 2022 |
| Closing date for receipt of director nominations before the General Meeting | 16 Feb 2022 |
| Record date for interim dividend | 17 Feb 2022 |
| DRP participation deadline | 18 Feb 2022 |
| Interim dividend payment date | 30 Mar 2022 |
| Third quarter trading update (3Q22) | 12 May 2022 |
| The ex-dividend date for final dividend | 9 Aug 2022 |
| Full-year results and final dividend announcement date | 10 Aug 2022 |
| Ex-dividend date for final dividend | 17 Aug 2022 |
| Record date for final dividend | 18 Aug 2022 |
| DRP participation deadline | 19 Aug 2022 |
| final dividend payment date | 29 Sep 2022* |
| 2022 Annual General Meeting | 12 Oct 2022 |
The recording of all financial activities, including income, expenditures, dividends, and taxes for the fiscal year, is referred to as the financial calendar. In Australia, this financial calendar runs from July 1 to June 30.
The information above, sourced from the official website of the Commonwealth Bank of Australia, outlines the CBA dividend history for 2022 and the CBR dividend dates for 2022.
What could the CBA dividend be in 2022?
Various financial advisors have divergent projections and anticipations for the CBA dividend for FY 22. According to Morgan Stanley, the CBA dividend is forecast to be 5.2%. In contrast, UBS has a different outlook, predicting a dividend yield of 4.8% for CBA in FY 22. Looking ahead, the overall dividend yields for all four major banks are expected to rise in FY 23 and FY 24.
The CBR dividend dates 2021
| Event | Date |
|---|---|
| The first quarter trading update, IQ 2021 | Nov 11, 2020 |
| The Half-year results and interim dividend announcement date | Feb 10, 2021 |
| The ex-dividend date for the interim dividend | Feb 16, 2021 |
| The record date for the interim dividend | Feb 17, 2021 |
| The DRP participation deadline | Feb 18, 2021 |
| The Interim dividend payment date | Mar 30, 2021 |
| The closing date for receipt of director nominations before the general meeting | Aug 10, 2021 |
| The Full-year results and final dividend announcement date | Aug 11, 2021 |
| The ex-dividend date for the final dividend | Aug 17, 2021 |
| The record date for the final dividend | Aug 18, 2021 |
| The DRP participation date | Aug 19, 2021 |
| The Final dividend payment date | Sep 29, 2021 |
| The Annual General Meeting 2021 | Oct 13, 2021 |
The aforementioned data originates from the Commonwealth Bank of Australia, detailing the CBA dividend history for the year 2021.
The CBR dividend dates 2020
| Event | Date |
|---|---|
| The first quarter trading update, IQ 2020 | Nov 11, 2019 |
| The Half-year results and interim dividend announcement date | Feb 10, 2020 |
| The ex-dividend date for the interim dividend | Feb 16, 2020 |
| The record date for the interim dividend | Feb 17, 2020 |
| The DRP participation deadline | Feb 18, 2020 |
| The Interim dividend payment date | Mar 30, 2020 |
| The closing date for receipt of director nominations before the general meeting | Aug 10, 2020 |
| The Full-year results and final dividend announcement date | Aug 11, 2020 |
| The ex-dividend date for the final dividend | Aug 17, 2020 |
| The record date for the final dividend | Aug 18, 2020 |
| The DRP participation date | Aug 19, 2020 |
| The Final dividend payment date | Sep 29, 2020 |
| The Annual General Meeting 2020 | Oct 13, 2020 |
The aforementioned data originates from the Commonwealth Bank of Australia, detailing the CBA dividend history for the year 2020.
Commonwealth Bank of Australia’s (CBA) Dividend Yield History
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|---|---|---|---|---|---|
| 2/10/2022 | Interim | $1.75 | 1.74% | 2/15/2022 | 3/29/2022 | 3/29/2022 |
| 8/12/2021 | Final | $2.00 | 1.89% | 8/16/2021 | 9/28/2021 | 9/28/2021 |
| 2/11/2021 | Interim | $1.50 | 1.72% | 2/16/2021 | 3/30/2021 | 3/30/2021 |
| 8/13/2020 | Final | $0.98 | 1.35% | 8/19/2020 | 9/30/2020 | 9/30/2020 |
| 2/13/2020 | Interim | $2.00 | 2.25% | 2/19/2020 | 3/31/2020 | 3/31/2020 |
| 8/8/2019 | Final | $2.31 | 2.93% | 8/14/2019 | 9/26/2019 | 9/26/2019 |
| 2/7/2019 | Interim | $2.00 | 2.7% | 2/13/2019 | 3/28/2019 | 3/28/2019 |
The above information is taken from the official website of the Commonwealth Bank of Australia and the above information displays information about CBA dividend yield 2022 and CBA yield 2023.
FAQ for Commonwealth Bank of Australia’s (CBA)
What is the CBA’s next dividend?
The next dividend for the Commonwealth Bank of Australia (CBA) is scheduled with an ex-dividend date of February 21, 2024. The dividend amount is set at 215 cents per share, with the payout date on March 28, 2024. This dividend is fully franked, meaning it includes a tax credit for the Australian tax already paid by the company.
What is the dividend prediction for CBA in 2024?
The forecast for CBA dividends in 2024 suggests the continuation of semi-annual dividends, typically comprising interim and final payments. Historical patterns and the latest announcements indicate that the interim dividend might be similar to previous amounts, around 215 to 238 cents per share, with similar franking credits. Exact predictions will depend on the company’s performance and market conditions throughout the year.
What are the dates for dividends?
CBA typically follows a semi-annual dividend schedule:
Interim Dividend: Announced in February, ex-dividend date mid-February, and payable late March.
Final Dividend: Announced in August, ex-dividend date mid-August, and payable late September.
What is the dividend payout date?
Payout Dates: For 2024, the interim dividend will be paid on March 28, 2024, following the ex-dividend date of February 21, 2024. The final dividend dates for 2024 are yet to be announced but are expected to follow the traditional pattern seen in previous years.
Should I invest in CBA shares?
Consider your investment goals: If your goal aligns with long-term growth and stability, CBA shares might be worth considering due to their position as one of Australia’s leading banks.
Evaluate financial health: Look into CBA’s financial reports, including revenue, profit margins, and debt levels. A healthy financial standing indicates stability and potential for growth.
Assess market conditions: Consider current economic trends and market conditions. Banking stocks can be influenced by factors such as interest rates, regulatory changes, and overall market sentiment.
Diversification: Ensure that investing in CBA shares fits within your overall investment portfolio strategy. Diversifying across different sectors and asset classes can help manage risk.
Seek professional advice: If you’re unsure about investing in CBA shares, consider consulting with a financial advisor who can provide personalized guidance based on your financial situation and investment objectives.
The video you just watched is from Rask Media, a well-known source for coverage of the Australian stock market. We’d like to extend our gratitude to them for sharing this fantastic video discussing the Commonwealth Bank of Australia. (ASX: CBA)
The CBA shares an overview
| Financial Measure | Value |
|---|---|
| Market Capitalization | 166.41B |
| Price-to-Earnings Ratio (P/E Ratio) | 16.07 |
| Dividend Yield | 3.83% |
| 52-Week High | 110.19 |
| 52-Week Low | 86.98 |
| CBA Dividend 2022 | $1.75 interim and $2.10 final |
| CBA Dividend 2023 | Yet to announce |
Final Result Commonwealth Bank of Australia (CBA)
| Year | Dividend Per Share (AUD) | Trailing Dividend Yield (%) | Buyback Yield (%) | Total Yield (%) | Payout Ratio (%) |
|---|---|---|---|---|---|
| 2014 | 3.99 | 4.68 | 2.41 | 7.10 | 74.25 |
| 2015 | 4.19 | 4.90 | 0.03 | 4.93 | 78.15 |
| 2016 | 4.20 | 5.10 | – | 5.10 | 77.88 |
| 2017 | 4.29 | 5.34 | 0.05 | 5.39 | 77.30 |
| 2018 | 4.31 | 5.95 | 0.03 | 5.99 | 86.65 |
| 2019 | 4.31 | 5.39 | 0.05 | 5.44 | 94.21 |
| 2020 | 2.98 | 3.63 | – | 3.63 | 82.53 |
| 2021 | 3.50 | 3.47 | 0.04 | 3.50 | 65.91 |
| 2022 | 3.85 | 3.75 | 3.75 | 7.50 | 66.70 |
| 2023 | 4.50 | 4.03 | 1.41 | 5.43 | 77.75 |
| Current | 4.30 | 3.83 | 0.73 | 4.56 | – |
| TTM | 4.30 | 3.83 | 0.73 | 4.56 | – |
| 5-Yr Avg | 5.95 | 4.01 | – | 4.51 | – |
Conclusion
The article you refer to discusses the dividend history of CBA from 2020 to 2024, including the dividend yield. It also dives into what the future holds for CBA shares.
