Commonwealth Bank pumps dividend as half-year profit falls 10.8% to $3.89bn – The Australian

Commonwealth Bank chief executive Matt Comyn has declared the business sector is at the heart of the economic recovery, as investment and hiring rebounds and combines with consumers beginning to spend $150bn in surplus savings.His comments came as the banking giant delivered a bumper 53 per cent rise in its interim dividend, and flagged the prospect of higher payments to shareholders and a potential return of capital. That is underpinned by the removal of COVID-19 dividend caps and the fact CBA…

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