CBA (ASX:CBA): ASX Dividend Stocks to Keep on the Radar

Sonal Goyal

17 August 2026 05:37 PM AEST

CBA (ASX:CBA): ASX Dividend Stocks to Keep on the Radar

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Key Highlights

Commonwealth Bank (ASX:CBA) is scheduled to go ex-dividend on 19 August 2026, with a $2.70 per share final dividend, fully franked, payable on 29 September 2026.
The $2.70 final Dividend is 10 cents higher than CBA's $2.60 fully franked final dividend for FY25.
A 12 August CBA release also highlighted ASB's FY26 result, with cash NPAT of $1.318 billion, down 2%, while home lending, Business and rural lending, and customer deposits each increased 6%.

Commonwealth Bank (ASX:CBA) is among the major ASX income stocks approaching an ex-dividend date this week, with its final dividend scheduled to go ex-dividend on 19 August 2026. The bank has set the final distribution at $2.70 per ordinary share, fully franked, with payment scheduled for 29 September 2026. CBA's financial calendar confirms 20 August as the Record Date and 21 August as the Dividend reinvestment Plan participation deadline.

CBA Final Dividend Moves Higher

The $2.70 final dividend represents an increase from the $2.60 per share final dividend paid for FY25. CBA's dividend history shows that the previous final distribution was fully franked and paid on 29 September 2025.

CBA's Interim Dividend for the six months ended 31 December 2025 was $2.35 per share and fully franked, with payment made on 30 March 2026. Combining that interim distribution with the $2.70 final dividend would put the FY26 total at $5.05 per share, compared with $4.85 for FY25. The difference is 20 cents per share.

CBA's stated dividend policy is to target a full-year Payout Ratio of 70% to 80% and maximise the use of its franking account through fully franked dividends.

ASB Results Highlighted in 12 August Release

The 12 August CBA media release supplied with the update relates specifically to the FY26 financial results of ASB, CBA's New Zealand banking business. ASB reported cash net profit after tax of NZ$1.318 billion for the year ended 30 June 2026, down 2% from the previous year. Statutory NPAT was NZ$1.398 billion, down 4%.

ASB's operating expenses increased 16% to NZ$1.645 billion. The company said the increase reflected the settlement of Credit Contracts and Consumer Finance Act 2003 class-action proceedings, inflation-related costs and additional staffing to support investment in technology.

Lending and Deposits Increase at ASB

ASB reported increases across several lending and deposit categories during FY26. Home lending, business and rural lending, and customer deposits each increased 6%.

The bank described business lending growth as its strongest in almost a decade. Large business lending increased by NZ$436 million, or 8.6%, compared with market growth of 3.4%, based on Reserve Bank of New Zealand data to 31 March 2026.

ASB Rural's agriculture lending Market Share reached 17.7%. The bank also reported that its social and affordable housing lending commitments reached NZ$430 million during the year, supporting the construction of close to 1,200 homes.

KiwiSaver and Investment Funds Expand

ASB KiwiSaver funds under management reached NZ$21.7 billion, supporting nearly half a million scheme members. The bank reported that total funds under management across its investment products increased 17% to NZ$27.7 billion.

The result also included continued investment in digital banking and technology. ASB said more than 350,000 transactions during FY26 were completed digitally that would previously have involved a phone call or visit to an advice centre. Its workforce increased by more than 360 full-time equivalent employees, representing 5% growth over the financial year.

CBA Dividend Dates for Income Investors

For shareholders focused on dividend timing, the key dates are the 19 August ex-dividend date, 20 August record date and 29 September payment date. CBA's Dividend Reinvestment Plan remains available, with the participation deadline listed as 21 August.

The distribution is fully franked, consistent with CBA's established dividend policy. The bank's previous FY25 final dividend was also fully franked, while the FY25 full-year distribution totalled $4.85 per share.

Conclusion

Commonwealth Bank heads into its 19 August 2026 ex-dividend date with a $2.70 fully franked final dividend, up from $2.60 a year earlier and scheduled for payment on 29 September. Combined with the $2.35 interim dividend paid during FY26, the year's distributions amount to $5.05 per share. The 12 August update supplied alongside the CBA announcement also provided information on ASB, where cash NPAT fell 2% to $1.318 billion despite 6% increases in home lending, business and rural lending, and customer deposits. The dividend increase and the mixed performance across ASB provide the latest income and operating data surrounding CBA ahead of its ex-dividend date.

FAQs

Q: When does CBA go ex-dividend in August 2026?

A:Commonwealth Bank is scheduled to go ex-dividend on 19 August 2026.

Q: How much is CBA's final dividend?

A:CBA's final dividend is $2.70 per share and is fully franked.

Q: When will CBA pay its final dividend?

A:The scheduled payment date is 29 September 2026.

Q: How does the 2026 CBA final dividend compare with FY25?

A:The $2.70 final dividend is 10 cents higher than the $2.60 final dividend paid for FY25.

Q: Did ASB's profit increase in FY26?

A:No. ASB's cash NPAT declined 2% to $1.318 billion, while statutory NPAT decreased 4% to $1.398 billion.

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