Commonwealth Bank of Australia
(ASX:CBA) may follow its competitors and increase its dividend payments ahead of posting a record $7.6 billion profit, according to media reports.
Analysts have reportedly increased forecasts for the second half of the year to June to a full-year dividend of $3.64 well ahead of last year’s $3.34.
CBA is expected to announce a $7.6 billion full-year profit for the year to June.
The pressure is on CBA to increase dividends following moves by the other big banks.
CBA generated a net profit of $3.7 billion in the first half of the 2013 financial year.
