Business
Why ASX bank share dividends might be surging soon // Motley Fool Australia
One of the biggest shifts in sentiment we have seen so far in 2020 on the S&P/ASX 200 Index (ASX: XJO) is arguably in the banking sector. ASX bank shares have had a shocker of a year, if the numbers are anything to go by.
The ASX’s largest bank, Commonwealth Bank of Australia (ASX: CBA) actually hasn’t faired too badly. The CBA share price was trading at $79.88 at the start of the year, just a whisker above the current share price (at the time of writing) of $77.91. However, the high of $91.05 that CBA saw in February (just before the coronavirus-induced market crash) still looks out of reach (for now anyway).
But it’s a different story for the other big four banks. The National Australia Bank Ltd (ASX: NAB) share price is…
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