CBSH Commerce Bancshares dividend history, payout ratio & dates
Commerce Bancshares's most recent cash dividend of $0.27 per share was issued to shareholders on record before Sep 5, 2024. The payout stands at $1.08 per share annually, which works out to a dividend yield of 1.5%.
Key dates
- CBSH last dividend date: Sep 5, 2024
CBSH dividend stats
vs. Financial Services sector
Dividend yield
CBSH has a dividend yield of 1.5% which is below the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 2.58%, Commerce Bancshares's dividend yield is 42% lower. Historically CBSH's dividend yield has averaged at 1.7% in the last 5 years, which is higher than the current yield.
Dividend history
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 0.5% for the last twelve months. However since the stock price has gone up by 45% from a year ago, the dividend yield has decreased by 31%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 5, 2024 | $0.27 | 1.73% |
| Jun 5, 2024 | $0.27 | 1.99% |
| Mar 6, 2024 | $0.27 | 2.04% |
| Dec 1, 2023 | $0.27 | 2.18% |
| Sep 5, 2023 | $0.27 | 2.19% |
| Jun 2, 2023 | $0.27 | 2.09% |
| Mar 6, 2023 | $0.27 | 1.59% |
| Dec 1, 2022 | $0.265 | 1.44% |
| Sep 6, 2022 | $0.252 | 1.56% |
| Jun 6, 2022 | $0.252 | 1.53% |
| Mar 7, 2022 | $0.252 | 1.52% |
| Dec 1, 2021 | $0.25 | 1.61% |
| Sep 3, 2021 | $0.25 | 1.5% |
| Jun 3, 2021 | $0.25 | 1.38% |
| Mar 8, 2021 | $0.25 | 1.36% |
| Dec 1, 2020 | $0.257 | 1.71% |
| Sep 3, 2020 | $0.257 | 1.82% |
| Jun 4, 2020 | $0.257 | 1.62% |
| Mar 5, 2020 | $0.257 | 1.76% |
| Dec 2, 2019 | $0.248 | 1.64% |
| Sep 5, 2019 | $0.248 | 1.76% |
| Jun 6, 2019 | $0.248 | 1.68% |
| Mar 7, 2019 | $0.248 | 1.6% |
| Nov 29, 2018 | $0.224 | 1.51% |
| Sep 6, 2018 | $0.224 | 1.3% |
| Jun 7, 2018 | $0.224 | 1.36% |
| Mar 8, 2018 | $0.224 | 1.48% |
| Nov 29, 2017 | $0.214 | 1.52% |
| Sep 7, 2017 | $0.204 | 1.72% |
| Jun 7, 2017 | $0.204 | 1.64% |
| Mar 8, 2017 | $0.204 | 1.52% |
| Nov 30, 2016 | $0.204 | 1.58% |
| Sep 7, 2016 | $0.194 | 1.79% |
| Jun 8, 2016 | $0.194 | 1.82% |
| Mar 9, 2016 | $0.194 | 2.01% |
| Nov 24, 2015 | $0.194 | 1.91% |
| Sep 9, 2015 | $0.185 | 2.05% |
| Jun 3, 2015 | $0.185 | 1.97% |
| Mar 4, 2015 | $0.185 | 2.11% |
Commerce Bancshares dividend payout ratio
Payout ratio
CBSH has a payout ratio of 29.1% 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 44%, Commerce Bancshares's payout ratio is 34% lower.
Total amount of dividends paid per financial year (from cash flow)
CBSH dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MOFG MidWestOne Financial Group Inc | 2.96% | $0.97 | N/A |
| GSBC Great Southern Bancorp Inc | 2.56% | $1.6 | 31.2% |
| HWBK Hawthorn Bancshares Inc | 2.33% | $0.72 | 80% |
| NBHC National Bank Holdings Corp | 2.29% | $1.1 | 34.1% |
| EFSC Enterprise Financial Services Corp | 1.72% | $1.03 | 21.8% |
| CBSH Commerce Bancshares Inc | 1.5% | $1.08 | 29.1% |
| WTFC Wintrust Financial Corp | 1.35% | $1.8 | 18.6% |
| UMBF Umb Financial Corp | 1.27% | $1.56 | 19.4% |
| FCNCA First Citizens Bancshares Inc | 0.28% | $6.56 | 3.8% |
| QCRH Qcr Holdings Inc | 0.26% | $0.24 | 3.5% |
Frequently asked questions
Does Commerce Bancshares pay a dividend?
Yes, Commerce Bancshares has paid four dividends in the last twelve months. CBSH has been paying dividends since 1994.
When was CBSH's last dividend?
Commerce Bancshares's last regular dividend was on Sep 5, 2024 (ex-date) with the amount of $0.27 per share.
How much dividend does Commerce Bancshares pay (per share)?
On an annual basis CBSH pays $1.08 per share.
What is Commerce Bancshares's dividend yield?
Currently Commerce Bancshares's dividend yield is 1.5%.
How often does Commerce Bancshares pay dividends?
Commerce Bancshares pays dividends quarterly.
What is Commerce Bancshares's dividend payout ratio?
Commerce Bancshares's dividend payout ratio is 29.1%.
Does Commerce Bancshares pay a good dividend?
Commerce Bancshares's dividend yield is lower than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.