Insider Buying: Commonwealth Bank of Australia (ASX:CBA) Insider Acquires 700 Shares of Stock

Commonwealth Bank of Australia (ASX:CBA) insider Paul O’Malley purchased 700 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was acquired at an average cost of A$176.63 per share, for a total transaction of A$123,641.00.

Commonwealth Bank of Australia Price Performance

The stock has a market capitalization of $278.75 billion, a P/E ratio of 29.65, a price-to-earnings-growth ratio of 3.63 and a beta of 0.94.

Commonwealth Bank of Australia Dividend Announcement

The firm also recently disclosed a Interim dividend, which will be paid on Sunday, March 29th. Stockholders of record on Sunday, March 29th will be paid a $2.35 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a dividend yield of 131.0%. Commonwealth Bank of Australia’s dividend payout ratio (DPR) is presently 82.74%.

Commonwealth Bank of Australia Company Profile

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. It also provides institutional banking services; funds management, superannuation, and share broking products and services; home, car, health, life, income protection, and travel insurance products, as well as retail, premium, business, offshore services.