Business
Is the CBA (ASX:CBA) share price a buy for the dividend?
Could the Commonwealth Bank of Australia (ASX: CBA) share price be a buy for the dividend?
What has the CBA share price been doing recently?
Just over a year ago, the CBA share price was above $90 in mid-February 2020. It then plunged 40% to the bottom of the COVID-19 crash when it seemed like there were going to be very large economic repercussions because of all the impacts.
But then central banks across the world stepped in to provide support, whilst the Australian federal government announced support such as jobkeeper and increased jobseeker payments.
Between 23 March 2020 and the end of October 2020, the CBA share price went up 27%.
The good news of the efficacy, or effectiveness, of the COVID-19 vaccines was then announced in…
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