What a month it has been for Commonwealth Bank of Australia (ASX: CBA) shares. CBA stock has had one of its worst periods in a long time over the past two months or so.

Back in early August, this ASX 200 bank stock was going for over $180 a share. Today, those same shares are asking just $150.37 at the time of writing. That’s a fall worth a nasty 16.9% – even more than the precipitous 10% drop we saw back in May following a quarterly trading update.

But of course, many investors buy CBA shares for their dividend potential, not just an expectation of endless capital growth. And, as any good dividend investor knows, a lower share price means a higher starting dividend yield, all else equal.

So today, let’s dive into what kind of dividend yield you can expect from CBA shares at their current pricing.

CBA shares: Show me the money

Over the past 12 months, CBA has funded two dividend payments, as is its habit. The first of those came in February, with an interim dividend worth $2.35 per share. The second is the bank’s final dividend for 2026, which, coincidentally, will be doled out this week on 29 September. That payment will be worth $2.70 per share. Since CBA has already traded ex-dividend for this payment, we’ll use it as part of our yield calculations.

As is typical with Commonwealth Bank, both of its 2026 dividends will come with full franking credits attached.

2026 has been a bumper year for CBA’s dividend investors. Both of those payments represent healthy rises over their 2025 equivalents. The $5.05 in total dividends per share that the bank will pay out this year represents a 4.12% increase over the $4.85 paid out in 2025.

At CBA’s price of $150.37 (at the time of writing), that $5.05 in dividends per share gives this bank a trailing dividend yield of 3.36%. That’s still pretty low by ASX bank standards, but a lot better than the sub-3% yields investors may have become used to seeing on CBA shares when its price was markedly higher.

Of course, this is just a trailing yield, though. An investor who buys CBA shares today is not guaranteed to get that kind of yield. The bank will need to keep its 2027 dividend payments at least level with those paid out over 2026 to make this yield a forward-facing one. CBA has built up an impressive track record with dividend growth in recent years, with shareholders getting an annual dividend pay rise every year since 2021 (following the big COVID-induced cuts of 2020).

But only time will tell if that trend continues into 2027.

The post Buying CBA shares? Here’s the dividend yield you’ll get today appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

I’d describe Technology One Ltd (ASX: TNE) as one of Australia’s top shares. A sell-off could be an excellent opportunity for brave investors.

Technology One is Australia’s largest enterprise software company. It says that its Solution as a Service (SaaS+) offering is an all-inclusive, industry-specific solution that allows it to deliver enterprise resource planning (ERP) implementations.

It has more than 1,300 leading businesses, government agencies, local councils and universities as clients.

At the time of writing, the Technology One share price has fallen 14% since 14 August 2026. It’s also down by 32% since June 2025.

For multiple reasons, I think it’s a good time to invest in one of Australia’s top shares.

Strong revenue growth

To count as one of Australia’s top shares, I think the revenue needs to grow at a solid pace.

The Technology One business is growing at a strong pace, with revenue growth of 11% to $322.7 million during the FY26 first-half.

I think the growing annual recurring revenue (ARR) is an even better sign of the company’s success. This reveals what the business could earn in the next 12 months.

A key driver of its ARR is the net revenue retention (NRR). In other words, it is the level of income the existing client base generates – 100% means those clients account for as much revenue this year as last year.

Technology One reported NRR of 114%, meaning revenue from existing clients grew by 14%. That growth rate has been consistent recently, which is strong organic growth.

A company that grows at 15% per year doubles in size in five years, so that’s the sort of number we’re talking about with Technology One, making it look to me like one of Australia’s top shares.

Rising profit margins

Another positive element to the business is the prospect of rising profit margins in the coming years.

As the company is a software business, it can deliver pleasing operating leverage. Revenue can grow faster than expenses, leading to rising margins and a stronger bottom line in the years ahead.

Currently, the business is investing heavily for growth, which is why HY26 profit before tax grew 9% to $89.1 million. But, on an underlying basis, profit before tax grew 21% with a margin improvement of 2 points to 30%.

It expects that group margins will improve towards 35% in the coming years, driven by “significant economies of scale”.

Geographic expansion

Technology One is driving future growth by looking at places like the UK to unlock the next stage of growth. The UK has a similar setup to Australia with government agencies, local councils, companies and so on, so the growth opportunity is there.

It’s already delivering impressive growth in the UK. HY26 UK ARR rose 23% to $53 million, so it’s a small but growing part of the business. Recent wins include Liverpool City Council and Salisbury City Council.

Technology One noted that the UK local government sector is currently undergoing a transition period with the planned combination of smaller councils to form larger, economically viable councils. Its sales pipeline for local government in the UK remains strong and management expects accelerated growth from this sector in future periods.

Overall, the business has a very promising future, in my opinion, it looks like one of Australia’s top shares to buy right now.

The post A rare buying opportunity in 1 of Australia’s top shares? appeared first on The Motley Fool Australia.

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• Why I think these are the best ASX shares to buy and hold
• How to build a winning ASX share portfolio and create wealth

Motley Fool contributor Tristan Harrison has positions in Technology One. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

S&P/ASX 200 Index (ASX: XJO) consumer staples and healthcare were the only two sectors in the green last week.

The traditionally defensive sectors found favour during tough trading as investors braced for an interest rate hike on Tuesday.

The benchmark index fell 0.76% over the week to close at 8,665 points, after hitting a 15-week intraday low on Friday.

Traders are pricing in a 95% chance of the Reserve Bank (RBA) raising the cash rate to 4.6% this week.

Many experts expect another rate hike in November, which would be the fifth this calendar year.

Inflation remains above the RBA’s 2% to 3% target, and last week the Governor, Michele Bullock, spoke of “materialising” upside risks.

On Friday, Trading Economics analysts said:

Markets are pricing a 95% chance of a 25-bp hike to 4.60% in September and a possible peak around 5.10%.

Meanwhile, uncertainty surrounding US-Iran negotiations kept oil prices elevated, fueling inflation concerns and a renewed selloff in global bond markets, while strong US business activity has increased bets for another Fed hike, boosting the greenback.

The US Federal Reserve raised interest rates for the first time in three years this month.

Consumer staples shares led the ASX sectors last week

While consumer staples and healthcare did best last week, both sectors moved only slightly higher.

ASX 200 consumer staples shares rose 0.78% and healthcare edged just 0.09% higher.

Let’s take a look at some specifics.

The Woolworths Group Ltd (ASX: WOW) share price rose 0.63% to $38.47 per share.

The Coles Group Ltd (ASX: COL) share price edged 0.3% higher to $23.19.

Endeavour Group Ltd (ASX: EDV) shares increased 3.1% to $2.99.

Inghams Group Ltd (ASX: ING) shares ripped 10.99% to $2.12 after PSP Investments took a 5.62% stake.

ASX 200 wine share Treasury Wine Estates Ltd (ASX: TWE) lifted 5.24% to $5.42.

The Bega Cheese Ltd (ASX: BGA) share price rose 1.33% to $6.08.

ASX 200 agricultural share Graincorp Ltd (ASX: GNC) rose 0.15% to $6.57.

The Elders Ltd (ASX: ELD) share price lifted 0.31% to $6.38.

The A2 Milk Company Ltd (ASX: A2M) share price descended 5.5% to $6.65.

Almond food producer Select Harvests Ltd (ASX: SHV) fell 2.93% to $4.31 per share.

Australian Agricultural Company Ltd (ASX: AAC) shares lost 0.77% to close at $1.29.

ASX 200 market sector snapshot

Here’s how the 11 market sectors stacked up last week, according to CommSec data.

Over the five trading days:

S&P/ASX 200 market sector	Change last week
Consumer Staples (ASX: XSJ)	0.78%
Healthcare (ASX: XHJ)	0.09%
A-REIT (ASX: XPJ)	(0.2%)
Consumer Discretionary (ASX: XDJ)	(0.51%)
Financials (ASX: XFJ)	(0.63%)
Industrials (ASX: XNJ)	(0.76%)
Materials (ASX: XMJ)	(0.84%)
Information Technology (ASX: XIJ)	(1.01%)
Energy (ASX: XEJ)	(1.55%)
Communication (ASX: XTJ)	(2.91%)
Utilities (ASX: XUJ)	(5.23%)

Check out the 15 ASX shares going ex-dividend next week.

The post Investors get defensive as ASX 200 drifts to a 15-week low appeared first on The Motley Fool Australia.

More reading

• If I invest $15,000 in Wesfarmers shares, how much passive income will I receive in 2027?
• Here are the top 10 ASX 200 shares today
• Woolworths shares jump 31% in 2026. Is there any upside left?
• ASX 200 sinks to June lows as investors brace for another RBA rate hike
• Is the Coles share price a buy for its 5% dividend yield?

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Treasury Wine Estates. The Motley Fool Australia has positions in and has recommended Treasury Wine Estates. The Motley Fool Australia has recommended Elders. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.