CBA streaks ahead - Back above $70

The prospect of a lift in second half dividends has seen investors flock to the Commonwealth.

The Commonwealth Bank has broken ranks with its Big Four counterparts after busting through the $70 a share barrier this morning.

Speculation of a lift in the full-year dividend, to be announced with the results on August 14, has attracted strong demand for the bank in the past fortnight. This morning its stock surged by 1.5% to $70.10

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