Are Commonwealth Bank of Australia (ASX:CBA) shares a buy for passive income?
Commonwealth Bank of Australia (ASX: CBA) shares have been a big presence on the ASX for a number of decades. Investors may be thinking about the ASX bank share as a passive income idea for dividends.Banks can provide investors with consistent dividends thanks to the regular payments of loans by borrowers. However, economic disruptions can be problematic sometimes.The bank’s challenges from the COVID-19 pandemic are now far off in the rear view mirror. Dividend payments have been growing since 2020, so we’l ...