Business
Is CBA (ASX:CBA) the best bank for dividends in 2021
At the current Commonwealth Bank of Australia (ASX: CBA) share price, could it offer the best dividend in the banking sector?
What’s the FY21 CBA dividend going to be?
Only the CBA board know the answer to that question, and the board probably haven’t even decided that yet considering FY21 is still ongoing.
But there are different estimates for what the CBA dividend could be. For example, Commsec has an FY21 estimate for the annual dividend of $3.15 per share. That could mean a forward grossed-up dividend yield of around 5.25%.
But brokers have different estimates for the dividend as well. On the high end, there’s UBS with a dividend estimate of $3.60 per share, translating to a grossed-up dividend yield of 6% for…
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