Commonwealth Bank of Australia (OTCMKTS:CMWAY) Plans Dividend of $1.64

Commonwealth Bank of Australia (OTCMKTS:CMWAY) announced a dividend on Friday, August 16th, NASDAQ reports. Investors of record on Monday, August 26th will be given a dividend of 1.6378 per share on Monday, October 7th. The ex-dividend date is Monday, August 26th. This is a positive change from Commonwealth Bank of Australia’s previous dividend of $1.37.

Commonwealth Bank of Australia Trading Up 1.7 %

Commonwealth Bank of Australia stock traded up $1.49 during midday trading on Friday, reaching $91.63. The stock had a trading volume of 7,662 shares, compared to its average volume of 19,769. Commonwealth Bank of Australia has a twelve month low of $59.95 and a twelve month high of $92.45. The firm’s fifty day simple moving average is $86.03 and its two-hundred day simple moving average is $80.22.

Analysts Set New Price Targets

Separately, UBS Group raised Commonwealth Bank of Australia to a “strong sell” rating in a report on Monday, June 24th.

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.