Commerce Bancshares's most recent quarterly cash dividend of $0.27 per share was issued to shareholders on record before Mar 6, 2024. The payout stands at $1.08 per share annually, which works out to a dividend yield of 2.14%.
CBSH has a dividend yield of 2.14% which is below the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 3.39%, Commerce Bancshares's dividend yield is 37% lower. Historically CBSH's dividend yield has averaged at 1.7% in the last 5 years, which is lower than the current yield.
Commerce Bancshares has been paying dividends for the last 30 years. According to our data CBSH has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 3.8% for the last twelve months. And since the stock price has gone down by 13% from a year ago, the dividend yield has increased by 20%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Mar 6, 2024 | Mar 25, 2024 | Feb 2, 2024 | $0.27 | normal |
Dec 1, 2023 | Dec 18, 2023 | Oct 27, 2023 | $0.27 | normal |
Sep 5, 2023 | Sep 25, 2023 | Jul 28, 2023 | $0.27 | normal |
Jun 2, 2023 | Jun 20, 2023 | Apr 19, 2023 | $0.27 | normal |
Mar 6, 2023 | Mar 27, 2023 | Feb 3, 2023 | $0.27 | normal |
Dec 1, 2022 | Dec 16, 2022 | Oct 28, 2022 | $0.265 | normal |
Sep 6, 2022 | Sep 22, 2022 | Aug 5, 2022 | $0.252 | normal |
Jun 6, 2022 | Jun 22, 2022 | Apr 20, 2022 | $0.252 | normal |
Mar 7, 2022 | Mar 23, 2022 | Feb 4, 2022 | $0.252 | normal |
Dec 1, 2021 | Dec 17, 2021 | Nov 12, 2021 | $0.251 | normal |
Sep 3, 2021 | Sep 23, 2021 | Jul 30, 2021 | $0.251 | normal |
Jun 3, 2021 | Jun 21, 2021 | Apr 21, 2021 | $0.251 | normal |
Mar 8, 2021 | Mar 24, 2021 | Feb 5, 2021 | $0.251 | normal |
Dec 1, 2020 | Dec 18, 2020 | Oct 30, 2020 | $0.257 | normal |
Sep 3, 2020 | Sep 21, 2020 | Jul 31, 2020 | $0.257 | normal |
Jun 4, 2020 | Jun 22, 2020 | Apr 15, 2020 | $0.257 | normal |
Mar 5, 2020 | Mar 23, 2020 | Feb 7, 2020 | $0.257 | normal |
Dec 2, 2019 | Dec 18, 2019 | Nov 1, 2019 | $0.248 | normal |
Sep 5, 2019 | Sep 23, 2019 | Aug 2, 2019 | $0.248 | normal |
Jun 6, 2019 | Jun 24, 2019 | Apr 17, 2019 | $0.248 | normal |
Mar 7, 2019 | Mar 25, 2019 | Jan 25, 2019 | $0.248 | normal |
Nov 29, 2018 | Dec 17, 2018 | Oct 26, 2018 | $0.224 | normal |
Sep 6, 2018 | Sep 24, 2018 | Jul 27, 2018 | $0.224 | normal |
Jun 7, 2018 | Jun 25, 2018 | Apr 18, 2018 | $0.224 | normal |
Mar 8, 2018 | Mar 26, 2018 | Jan 26, 2018 | $0.224 | normal |
Nov 29, 2017 | Dec 18, 2017 | Oct 27, 2017 | $0.214 | normal |
Sep 7, 2017 | Sep 25, 2017 | Jul 28, 2017 | $0.204 | normal |
Jun 7, 2017 | Jun 26, 2017 | Apr 19, 2017 | $0.204 | normal |
Mar 8, 2017 | Mar 27, 2017 | Feb 3, 2017 | $0.204 | normal |
Nov 30, 2016 | Dec 19, 2016 | Oct 28, 2016 | $0.204 | normal |
Sep 7, 2016 | Sep 26, 2016 | Jul 29, 2016 | $0.194 | normal |
Jun 8, 2016 | Jun 27, 2016 | Apr 20, 2016 | $0.194 | normal |
Mar 9, 2016 | Mar 28, 2016 | Feb 5, 2016 | $0.194 | normal |
CBSH has a payout ratio of 29.7% which is higher than its peers average but lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 39%, Commerce Bancshares's payout ratio is 24% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MOFG MidWestOne Financial Group Inc | 4.47% | $0.97 | 72.9% |
HWBK Hawthorn Bancshares Inc | 3.53% | $0.68 | 36.6% |
GSBC Great Southern Bancorp Inc | 3.14% | $1.6 | 28.3% |
NBHC National Bank Holdings Corp | 3.14% | $1.06 | 28.3% |
EFSC Enterprise Financial Services Corp | 2.62% | $1 | 19.6% |
CBSH Commerce Bancshares Inc | 2.14% | $1.08 | 29.7% |
UMBF Umb Financial Corp | 1.96% | $1.54 | 21.3% |
WTFC Wintrust Financial Corp | 1.71% | $1.65 | 17% |
QCRH Qcr Holdings Inc | 0.44% | $0.24 | 3.5% |
FCNCA First Citizens Bancshares Inc | 0.31% | $4.78 | 0.6% |
Yes, Commerce Bancshares has paid four dividends in the last twelve months. CBSH has been paying dividends since 1994.
CBSH hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in June 2024.
Commerce Bancshares's last regular dividend was on Mar 6, 2024 (ex-date) with the amount of $0.27 per share.
On an annual basis CBSH pays $1.08 per share.
Currently Commerce Bancshares's dividend yield is 2.14%.
Commerce Bancshares pays dividends quarterly.
Commerce Bancshares's dividend payout ratio is 29.7%.
Commerce Bancshares's dividend yield is lower than the Financial Services sector average.