Insider Buying: Commonwealth Bank of Australia (ASX:CBA) Insider Acquires 75 Shares of Stock

Commonwealth Bank of Australia (ASX:CBA) insider Mary Padbury bought 75 shares of the business’s stock in a transaction dated Thursday, February 13th. The shares were bought at an average price of A$166.35 ($105.28) per share, with a total value of A$12,476.03 ($7,896.22).

Commonwealth Bank of Australia Stock Performance

The firm has a market cap of $278.75 billion, a price-to-earnings ratio of 29.65, a PEG ratio of 3.63 and a beta of 0.94.

Commonwealth Bank of Australia Increases Dividend

The company also recently announced a Interim dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 27th will be given a $2.25 dividend. This is an increase from Commonwealth Bank of Australia’s previous Interim dividend of $2.15. The ex-dividend date is Tuesday, February 18th. This represents a dividend yield of 1.35%. Commonwealth Bank of Australia’s dividend payout ratio is presently 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.