CBA commonwealth bank of australia.

div yield 9.6%

  1. 3,086 Posts.
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    paying a 104c div

    for an investor holding for the next 6 months, the div yield is:

    1.04/31.04 = 3.35

    x2 for 6 month basis = 6.7

    gross up the div to allow for franking credits:

    6.7 / 0.7 = 9.57%
 
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