well thats exactly right, companies set the amount of the dividend but the yield depends on the market price of the shares.
But the market price takes expectations of future dividends into account, among other things.
CBA wasnt even listed during the last recession 1990-1991.
current dividend yield, page-8
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Last
$132.60 |
Change
-0.180(0.14%) |
Mkt cap ! $221.9B | |||
| Open | High | Low | Value | Volume |
| $131.35 | $132.60 | $131.20 | $235.9M | 1.784M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1325 | $132.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $132.60 | 17326 | 4 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| CBA (ASX) Chart |