Comm Bank hikes dividend as shares hit all-time high

Commonwealth Bank CEO Matt Comyn announces a $2.25 per share dividend. Video by Commonwealth Bank via AAP

Transcript

00:00During the half, we continue to focus on supporting our customers, investing to protect the community

00:06and providing strength and stability for the broader economy.

00:11Every day, we lend to more than 200 businesses, help almost 400 households buy a home, process

00:17more than 20 million payments and send customers 18,000 alerts about suspicious account activity.

00:25We've invested more than $450 million to combat fraud and scams and financial and cybercrime.

00:33Our continued investment has reduced customer fraud and scam losses by more than 70% over

00:40the past two years.

00:43Our core businesses grew in the half and we saw record lending to Australian businesses

00:48and home buyers with $144 billion in fundings.

00:54We're continuing to deliver good returns with a first half dividend of $2.25 a share.