Business
Here’s why ASX bank shares might juice up their dividends in 2021 – The Motley Fool Australia
How much in fully franked dividends will the ASX banks like Commonwealth Bank of Australia (ASX: CBA) pay out in 2021?
As all shareholders of ASX banking shares would know, 2020 wasn’t exactly a great year to be holding any of the ASX’s most famous dividend payers. The onset of the coronavirus pandemic, and the subsequent economic shock, played havoc with ASX bank share prices.
Take Westpac Banking Corp(ASX: WBC). Its share price started the year just a touch over $24 a share. But by 23 March, Westpac shares hit a low of just $13.47. That was the lowest share price the ASX’s oldest bank had seen since 2003 (yes,…
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