Commonwealth Bank of Australia (Commonwealth Bank of Australia) Dividend Payout Ratio : 0.80 (As of Dec. 2023)

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What is Commonwealth Bank of Australia Dividend Payout Ratio?

Commonwealth Bank of Australia's dividend payout ratio for the months ended in Dec. 2023 was 0.80.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Commonwealth Bank of Australia is 0.76, which seems too high.

The historical rank and industry rank for Commonwealth Bank of Australia's Dividend Payout Ratio or its related term are showing as below:

CMWAY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.52 Med: 0.78 Max: 1.05
Current: 0.75

During the past 13 years, the highest Dividend Payout Ratio of Commonwealth Bank of Australia was 1.05. The lowest was 0.52. And the median was 0.78.

CMWAY's Dividend Payout Ratio is ranked worse than
89.72% of 1089 companies
in the Banks industry
Industry Median: 0.34 vs CMWAY: 0.75

As of today (2024-04-27), the Dividend Yield % of Commonwealth Bank of Australia is 3.95%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Commonwealth Bank of Australia was 7.47%. The lowest was 2.26%. And the median was 5.00%.

Commonwealth Bank of Australia's Dividends per Share for the months ended in Dec. 2023 was $1.58.

During the past 12 months, Commonwealth Bank of Australia's average Dividends Per Share Growth Rate was 16.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -0.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Commonwealth Bank of Australia was 53.30% per year. The lowest was -16.80% per year. And the median was 8.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Commonwealth Bank of Australia Dividend Payout Ratio Historical Data

The historical data trend for Commonwealth Bank of Australia's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Commonwealth Bank of Australia Dividend Payout Ratio Chart

Commonwealth Bank of Australia Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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0.97

1.03

0.51

0.71

0.69

Commonwealth Bank of Australia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.75	0.67	0.67	0.71	0.80

Competitive Comparison of Commonwealth Bank of Australia's Dividend Payout Ratio

For the Banks - Diversified subindustry, Commonwealth Bank of Australia's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Commonwealth Bank of Australia's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Commonwealth Bank of Australia's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Commonwealth Bank of Australia's Dividend Payout Ratio falls into.

Commonwealth Bank of Australia Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Commonwealth Bank of Australia's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	2.729	/	3.939
	=	0.69

Commonwealth Bank of Australia's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	1.583	/	1.969
	=	0.80

Commonwealth Bank of Australia (OTCPK:CMWAY) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Commonwealth Bank of Australia Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Commonwealth Bank of Australia's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Commonwealth Bank of Australia (Commonwealth Bank of Australia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commonwealth Bank of Australia (OTCPK:CMWAY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CBAUF:USA CWW:Germany CBAPK.PFD:Australia CBAPJ.PFD:Australia CBAPI.PFD:Australia CBAPH.PFD:Australia CBAPG.PFD:Australia CBAPD.PFD:Australia CBA:Australia

Address

11 Harbour Street, Commonwealth Bank Place South, Level 1, Sydney, NSW, AUS, 2000

Website

https://www.commbank.com.au

Commonwealth Bank is Australia's largest bank with operations spanning Australia, New Zealand, and Asia. Its core business is the provision of retail, business, and institutional banking services. The bank has emphasized its focus on banking in recent years with a numbers of asset divestments in wealth management and insurance.

Commonwealth Bank of Australia (Commonwealth Bank of Australia) Headlines

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