The Commonwealth Bank shares dividend policy is:
- usage of the franking account by paying fully franked dividends
- high level of CBA dividend yield
- 70-80% - an annual payout ratio
CBA commonly declares the level of dividends in the half-year financial results in February and the full-annum in August.
The Commbank dividends are usually paid in March and in September according to the financial calendar schedule (CBA dividend date).
You can see the CBA dividend history on the bank's website.
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