CBA Dividend Dates 2023

CBA Dividend Dates 2023 | Everything You Know About Commonwealth Bank of Australia

Hello, and welcome back to another informative content. This article is all about CBA dividend dates 2023. So, without wasting time, let’s start with a short introduction.

Short Introduction About The Commonwealth Bank of Australia (CBA)

Commonwealth bank of Australia is an Australian multinational bank that does business with developed countries such as the United States, the United Kingdom, and New Zealand. It’s the largest Australian bank, founded in 1911 by the Government of Australia. In 1996, it became a privately owned bank after 85 years of operation. The company provides various financial services, including retail, business, institutional banking, funds management, insurance, brokerage, investment, and more.

Commbank got listed in the Australian Securities Exchange Ltd in 1991 with ticker code CBA. Its headquarters are located in Sydney. Well, this was just a small introduction to CBA. Well, this is just a small introduction to CBA.

In this article, you will know about the CBA dividend dates for the years 2021, 2022, and 2023.

CBA Financial Calendar 2023

SUMMARYPREVIOUS DIVIDENDNEXT DIVIDEND
StatusPaidForecast
TypeFinalInterim
Per Share210c
Declaration10 August 2022 (Wednesday)8 February 2023 (Wednesday)
Ex-div Date17 August 2022 (Wednesday)15 February 2023 (Wednesday)
Pay Date29 September 2022 (Thursday)29 March 2023 (Wednesday)
CBA Financial Calendar 2023


CBA Dividend Dates 2023

EVENTDATE
The first quarter trading update (1Q23)15 November 2022
An announcement of half-year results and interim dividends will be made on15 February 2023
The record date for the interim dividend23 February 2023
DRP participation deadline24 February 2023
Interim dividend payment date30 March 2023
Date of full-year results and final dividend announcement9 August 2023
The ex-dividend date for the final dividend16 August 2023
The record date for the final dividend17 August 2023
DRP participation deadline18 August 2023
Final dividend payment date28 September 2023
2023 Annual General Meeting11 October 2023
CBA Dividend Dates 2023

A financial calendar tracks all types of financial information throughout a fiscal year, such as profits, losses, dividends, and taxes. The financial calendar in Australia starts from 1st July to 30st June.

Note: The above information has been derived from the official website of CBA (Commonwealth Bank of Australia) and provides information about CBA Financial Calender 2023 and CBA Dividend 2023.

The Estimated CBA Dividend In 2023

In the earlier 2023, the banking experts revealed its full-year estimated results and declared a $2.10 per share dividend. For Financial Year 2022, the CBA dividend was $3.85 per share, up 10% from the last year, 2021. According to the Credit Suisse team, Financial Year 2023 will be a great year for investors.

CBA Dividend Dates 2023
CBA Dividend Dates 2023

Technical experts predict a fully franked dividend of $4.25 per share over the next 12 months. As a result, the dividend yield of CBA (Commonwealth Bank of Australia) investors will increase by 10.3% year over year and equal a generous 4.6% yield due to recent weakness in the CBA share price.

While Credit Suisse only has a neutral rating on Australia’s biggest bank, its price target is significantly higher than its current price. It is expected that dividend yields for all four big banks will increase in the Financial year 2023 and Financial Year 2024.

CBA Dividend Dates 2022

You may also be interested to know the CBA Dividend Dates for 2022.

EventDate
The first quarter trading update (1Q22)17 November 2021
An announcement of half-year results and interim dividends will be made on9 February 2022
The ex-dividend date for the interim dividend16 February 2022
The record date for the interim dividend17 February 2022
DRP participation deadline18 February 2022
Interim dividend payment date30 March 2022
Closing date for receipt of director nominations before the General Meeting9 August 2022
Full-year results and final dividend announcement date10 August 2022
The ex-dividend date for the final dividend17 August 2022
The record date for the final dividend18 August 2022
DRP participation deadline19 August 2022
Final dividend payment date29 September 2022*
2022 Annual General Meeting12 October 2022
CBA Dividend Dates 2022

Note: The data in the above table regarding the CBA Dividend Dates 2022 are taken from the official website of the Commonwealth Bank of Australia.

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CBA dividend dates 2021

EventDate
The 1st quarter trading update (1Q21)11 November 2020
An announcement of half-year results and interim dividends will be made on10 February 2021
The ex-dividend date for the interim dividend16 February 2021
The record date for the interim dividend17 February 2021
DRP participation deadline18 February 2021
Interim dividend payment date30 March 2021
The 3rd quarter trading update (3Q21)12 May 2021
Closing date for receipt of director nominations before the General Meeting10 August 2021
Full-year results and final dividend announcement date11 August 2021
The ex-dividend date for the final dividend17 August 2021
The record date for the final dividend18 August 2021
DRP participation deadline19 August 2022
Final dividend payment date29 September 2021*
2021 Annual General Meeting13 October 2021
CBA dividend dates 2021

Note: The data in the above table regarding the CBA Dividend Dates 2021 are taken from the official website of the Commonwealth Bank of Australia.

Is it a good idea to invest in CBA shares?

According to records, the bank has experienced significant growth, so holding shares of ASX: CBA could prove profitable. Additionally, blue-chip companies have usually paid shareholders around 10% in the past. Consequently, ASX: CBA could provide passive income and profitable dividends. The Commonwealth Bank offers dividend reinvestment plans to shareholders that allow them to reinvest their dividends.

CBA Dividend Dates 2023 | Commonwealth Bank’s Bumper Year

Credits: 7News Australia | YouTube

In the above video, you will see how the Commonwealth Bank grew strongly during the inflation period.

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Does the CBA share price represent good value?

According to most financial experts, currently, CBA share is overpriced. According to analysts, it would be best to buy CBA stock between $87 and $93 for long-term investors.

Commonwealth Bank of Australia Share Chart
Commonwealth Bank of Australia Share Chart

Its current market price is AU $98.90 and we believe it will break the $100 level very soon.

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A brief overview of CBA shares:

Market cap168.08 Billion
P/E ratio18.27
Dividend yield3.89%
6-Month HighAUD 106.71
52-wk lowAUD 87.55
CBA Dividend 2022$1.75 interim and 2.10c final
CBA dividend 2023Not announced yet
A brief overview of CBA shares


Some Frequently Asking Questions About CBA:

What are dividend payment dates?

It is the day on which a company pays its dividends to eligible shareholders. A few weeks after the ex-dividend date, the payment will be made.

What are the highest CBA shares have ever been?

The CBA share price reached a high of $110.19 on 8 November 2021.

What is the CBA final dividend in 2022?

According to the Commonwealth Bank of Australia, its second half financial year ended on 30 June 2022 with a dividend of $2.10.

What dates are dividends paid?

It takes almost a month for dividends to be paid after the record date.

Does Commsec reinvest dividends?

DRIP allows dividends to be reinvested, resulting in higher compounding.

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Conclusion:

In this article, you read about the CBA dividend dates 2023. For any queries, you may write in the comment box. For more interesting topics, you may visit the homepage of beforecart.com.

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