The Board of Directors of Commonwealth Bank Ltd announced that, at its February 2016 meeting, it approved a final extraordinary dividend of six cents per share based on 2015 results of $58 million in net income.
The extraordinary dividend, payable on March 14, 2016 to more than 6,000 shareholders of record as of March 7, brings dividend payments to $0.36 per share for the year and continues a trend of quarterly dividends plus extraordinary dividends that helps build sustaining value for the bank’s share price.