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Australia's CBA to pay maximum dividend allowed despite COVID-19 hit

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Commonwealth Bank of Australia (CBA) slashed its annual dividend by more than half to the maximum payout allowed by regulators, even as bad loan provisions amid the coronavirus pandemic drove its annual cash profit below market expectations.

from Top Business News- News18.com
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Australia's CBA to pay maximum dividend allowed despite COVID-19 hit Australia's CBA to pay maximum dividend allowed despite COVID-19 hit Reviewed by Team Exprssnews on August 12, 2020 Rating: 5

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