Commonwealth Bank of Australia · Dividends
ASX: CBA · Financials · Diversified Banks
Dividends per share
Per financial year, as reported in the accounts
Payment record
Totals paid and share of profit distributed
| FY | Per share | Total paid | Payout ratio |
|---|---|---|---|
| FY25 | $4.75 | $7.9B | 79% |
| FY24 | $4.27 | $7.6B | 81% |
| FY23 | $3.95 | $7.1B | 71% |
| FY22 | $3.57 | $6.5B | 61% |
| FY21 | $2.14 | $4.1B | 41% |
| FY20 | $4.03 | $7.6B | 80% |
| FY19 | $3.61 | $6.9B | 80% |
| FY18 | $2.90 | $5.4B | 58% |
| FY17 | $3.35 | $6.1B | 61% |
| FY16 | $3.29 | $5.8B | 63% |
Reading the payout ratio
The payout ratio is the share of net profit returned to shareholders as dividends. A ratio under ~70% generally leaves room to maintain the dividend through a weaker year; a ratio persistently near or above 100% means the company is paying out more than it earns, which is rarely sustainable. Per-share figures here are company-reported annual totals. Check the company's own announcements for franking credits and payment dates.
What is Commonwealth Bank's (CBA) dividend history and how sustainable does the payout look?
Dividend per share rose from $3.44 in FY2016 to $4.75 in FY2025, though not in a straight line - it fell sharply to $2.33 in FY2021 from $4.32 the year before, before recovering to $3.80 in FY2022, $4.21 in FY2023, $4.56 in FY2024 and $4.75 in FY2025, the highest level across the reported years.
The payout ratio against net income has ranged widely, from 63.2% in FY2016 down to 40.6% in FY2021 (the year of the reduced dividend) and up to as high as 81.2% in FY2024, before easing slightly to 78.6% in FY2025 against net income of $10.1B. The recent payout ratios sit toward the higher end of the ten-year range shown in reported results.
AI-assisted analysis generated from Craytheon's verified financial data · Updated 4 Jul 2026 · How this works
Data is general information only, not financial advice. Figures are as reported in company filings (some ASX companies report in USD); share prices are AUD.