CBA 0.34% $129.55 commonwealth bank of australia.

From a purely income perspective even at the current low of $52,...

  1. 41 Posts.
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    From a purely income perspective even at the current low of $52, CBA has just under 5% div yield which is around 6.4% grossed up for franking. This is still a little under simply plonking funds into an at call deposit with CBA for which you get 7%.

    So having your money in CBA shares still presupposes a capital appreciation opportunity. At current sentiment and people not knowing (and/or not believing announcemets) about US sub prime exposure or lack of it affe4cting CBA loan book, logic suggests $50 should be around the bottom price - which is comforting for some.

    Then again that does assume logic and thinking, not herd mentality and irrational behavior that we often see.
 
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