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Commonwealth Bank to pay extraordinary dividend, shareholders receive increased percentage of net revenue


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Commonwealth Banks 6,000-plus shareholders received some extra Christmas cheer this year as the Bank declared and paid an extra-ordinary dividend of 2 cents per share on December 22nd to shareholders of record of the same date. The extraordinary dividend pay-out comes less than two months after a stock split in October this year, which resulted in a sharp increase in the traded value of the shares to over $4.90 from the $3.83 at the time of the split... 

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