Want to know when results and dividends will be announced? We have the details
The post Own CBA (ASX:CBA) shares? Here are the key dates for your investor diary in 2022 appeared first on The Motley Fool Australia. –
The Commonwealth Bank of Australia (ASX: CBA) share price has been a strong performer over the course of 2021.
Since the start of the year, the banking giant’s shares have accelerated to post a gain of more than 20%.
At yesterday’s market close, CBA shares finished the day up a further 0.33% to $100.11. This is not far off its all-time high of $110.19 achieved early last month.
In comparison, the S&P/ASX 200 Index (ASX: XJO) tracked 12% over the same time frame. The benchmark index reached a record high of 7,632 points in mid-August, before going on a mini-rollercoaster ride.
With the year almost done, investors may be wondering what’s ahead for Australia’s largest bank in 2022.
Below we take a glance at some of the key dates to watch out for.
Financial calendar for CBA in FY22
The biggest date around the corner will be 9 February, when CBA plans to deliver its half-year results. Along with its six-month performance review, the interim dividend is also to be announced.
The ex-dividend date for the interim dividend is scheduled to fall one week later on 16 February. This is when investors must have purchased CBA shares to be eligible for the upcoming interim dividend payment.
In addition, eligible shareholders can elect to participate in the dividend reinvestment plan (DRP) with the deadline being 18 February. For those who participate, a discount will be applied to the volume-weighted average price of receiving CBA shares.
The payment date for the interim dividend is set for 30 March, when investors will collect a portion of the bank’s profits.
In contrast, CBA handed shareholders a fully franked interim dividend of $1.50 per share for the first half of FY21.
The above process will again repeat itself with CBA releasing its full-year results on 10 August.
The board will declare the final dividend for FY22 with the ex-dividend on 17 August. This will be followed by the record day on 18 August, and the last election date for shareholders to opt-in to the DRP on 19 August.
The final dividend payment in which shareholders can expect to be rewarded will be on 29 September. Previously, the company paid out a fully franked final dividend of $2.00 per share in FY21.
Lastly, CBA will hold its 2022 annual general meeting on 12 October. This will likely recap the events over the last 12 months, as well as the near-term outlook for the bank.
CBA share price snapshot
Based on today’s price, CBA presides a market capitalisation of roughly $170.83 billion, with approximately 1.71 billion shares on issue.
The company currently has a trailing dividend yield of 3.50%.
The post Own CBA (ASX:CBA) shares? Here are the key dates for your investor diary in 2022 appeared first on The Motley Fool Australia.
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Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.