Past performance is not necessarily indicative of future returns. Is the ASX 200 trading too high right now? Authorised by Scott Phillips. Finally, analysts expect CBA’s dividend yield to come in at 5.27% in FY20. Investors are eyeing a possible share buyback or special dividend from the Commonwealth Bank at its full-year results this week, despite profits coming under pressure in a tough environment for retail banks. Businesses and consumers alike will struggle to service existing loans in 2020, let alone take out new ones. How much will the big four banks pay in dividends over the next couple of years? We’ll just have to wait and see. The banking regulator, the Australian Prudential Regulation Authority (APRA), pulled the curtain down on bank and insurance dividends with some strong advice to boards to defer them back in April. This dividend was $0.98 and was fully franked. Join our flagship membership service, Share Advisor. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Commonwealth Bank of Australia share forecasts, stock quote and buy / sell signals below.According to present data Commonwealth Bank of Australia's CMWAY shares and potentially … Find the investing style that's right for you. The information provided on this site is general in nature, not financial product advice, see a financial expert before making any investment decision. COMMONWEALTH BANK OF AUSTRALIA. Motley Fool contributor Sebastian Bowen owns shares of National Australia Bank Limited. National Australia Bank Ltd. (ASX: NAB) has slashed its 2020 interim dividend to just 30 cents per share (down from 86 cents per share last year). Learn about investing with our Investing Education hub. Bell Potter analyst TS Lim, who is forecasting a below-consensus profit of $8.3 billion for CBA, said he thought the bank would increase payouts to deal with the "backlog" of remediation. The date paid for this dividend was 30-09-2020. That advice has just been amended and the regulator is recommending that rather than defer dividends, boards should consider restricting them to a dividend payout ratio of 50% for the rest of the year. 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The result is a conclusion that bank dividends will take a long time to get back to their 2019 levels, particularly as the profit outlook from the recession is so uncertain. .fool-ecap.fool-ecap-id-19.fool-ecap-type-vanilla {background: #fff7c4;} aside section .fool-ecap-id-19.fool-ecap-type-vanilla h3 {font-size: 1.6em;} p.ecap-disclaimer {font-size: 0.6em!important;}div.fool-ecap.fool-ecap-id-19 form {position: relative;text-align: center;margin: .2em 1em;}.fool-ecap.fool-ecap-id-19 p.ecap-disclaimer {margin-left: 0px;} .fool-ecap.fool-ecap-id-19 p.above-email{ margin-bottom: 0px;text-align:center;} div.fool-ecap.fool-ecap-id-19 p {color: #464646;}.fool-ecap-type-vanilla.fool-ecap-id-19 h3 {color: #404040;display: block !important;}.fool-ecap-type-vanilla.fool-ecap-id-19 .ecap-disclaimer{color: #484848 !important;}.fool-ecap-id-19.fool-ecap-type-vanilla h3.title{display:none !important;} .fool-ecap.fool-ecap-id-19.fool-ecap-type-vanilla{ margin-bottom: 10px;}.fool-ecap-type-vanilla.fool-ecap-id-19 input[type="submit"] { margin: .5rem 0 .5rem !important;}.fool-ecap.fool-ecap-id-19 img {display: inline;}. Current as of October 20, 2020 8:44am. Small Caps and affiliated companies accept no responsibility for any claim, loss or damage as a result of information provided or its accuracy. 3 things to tell someone who has never invested in ASX shares, How to tell if an ASX share is a bargain or a dog. The broker expects Australia and New Zealand Bank (ASX: ANZ) to pay a 60c a share partially franked dividend in the second half, which will be the only dividend paid in FY 2020. 12 Stocks To Buy in 2020 (Including 2 Every Investor Should Own), Everything You Need to Know About Tech Investing, The Beginner’s Guide to Investing in Gold. There are big rewards for guessing correctly with some bank stocks offering investors the potential for a forward yield of above 6%, if you are wise or even lucky and pick the right one. CBA investors eye possible buyback or special dividend. CBA shares have risen more than 12 per cent since the May federal election to $81.88 on Friday, compared with a rise of about 6 per cent in the ASX 200 over that period. View today’s CBA share price, options, bonds, hybrids and warrants. The only thing we know is that it probably won’t be matching the 2019 final dividend of $2.31 a share. So if you’re looking to get your finances on track and you’re in or near retirement – we’ve got you covered! CBA is forecast to notch up a profit of about $8.6 billion for the year. But combining all of these factors still point to reduced dividends from Commonwealth Bank for the rest of 2020 and going into 2021. Senior analyst at Clime Investment Management, David Walker, said CBA's share had been inflated by investors' search for yield; a rush to get exposure to rebound in house prices; and expectations of a capital return — though he did not think CBA would announce a capital management move this week. This chart shows CBA’s prior year dividends versus what’s expected: "I think there's even some expectation that there could be a special dividend at this result," Mr Martin said. ASX 200 | A B C D E F G H I J L M N O P Q R S T U V W X. cba dividend forecast 2020 | Posted on September 7, 2020 | Furthermore, its forward PPOP multiple is trading c.1 standard deviation below its historic average. He has covered Federal politics in Canberra, was Los Angeles Bureau chief for News Limited and was also chief of staff for the Herald Sun. The Commonwealth Bank of Australia (ASX: CBA) share price has certainly been on a rollercoaster over the past few months. Principal at fund manager Alphinity, Andrew Martin, said CBA's capital management would be the key focal point for investors, and it was "quite possible" a return of capital would announced this week. Well, Commonwealth Bank has already paid a dividend in 2020 – an interim dividend of $2 that was steady with the 2019 payout. This article contains general investment advice only (under AFSL 400691). It is one of the most asked investor questions at the moment and for very good reasons. You can unsubscribe at anytime. Between them the big four banks and their smaller colleagues pay out about 30% of all of the dividends and franking credits on the Australian share market so dividend cuts and deferrals are really hitting hard. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*.