CBA in new assault on $70 barrier

Speculation about an improved dividend and a housing recovery is driving CBA shares higher.

The earnings result may be a little over a month off but already the Commonwealth Bank is clawing its way back to its mid-May share price zenith.

Speculation about a raised dividend in the expected record $7.6 billion full-year result, to be delivered on August 14, has seen investors climb back on board one of the world’s most expensive bank stocks.

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