CMA Comerica dividend history, payout ratio & dates
Comerica's latest cash dividend of $0.71 per share was issued to shareholders on record before Sep 13, 2024. The dividend distribution stands at $2.84 per share annually, which comes to a dividend yield of 4.12%.
Key dates
- CMA last dividend date: Sep 13, 2024
CMA dividend stats
vs. Financial Services sector
Dividend yield
Comerica's dividend yield of 4.12% is above the Financial Services sector, the industry and its peers average. If we compare it with its Financial Services sector average of 2.58%, Comerica's dividend yield is 60% higher. Historically CMA's dividend yield has averaged at 5.0% in the last 5 years, which is more than the current yield.
Dividend history
Comerica has been paying dividends for the last 29 years. Our records show that CMA has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 1.1% since twelve months ago. However with the price of the stock up by 57% from a year ago, the dividend yield has a decrease of 36%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 13, 2024 | $0.71 | 4.94% |
| Jun 14, 2024 | $0.71 | 6.07% |
| Mar 14, 2024 | $0.71 | 5.76% |
| Dec 14, 2023 | $0.71 | 5% |
| Sep 14, 2023 | $0.71 | 6.41% |
| Jun 14, 2023 | $0.71 | 6.71% |
| Mar 14, 2023 | $0.71 | 6.32% |
| Dec 14, 2022 | $0.68 | 4.18% |
| Sep 14, 2022 | $0.68 | 3.4% |
| Jun 14, 2022 | $0.68 | 3.63% |
| Mar 14, 2022 | $0.68 | 3% |
| Dec 14, 2021 | $0.68 | 3.25% |
| Sep 14, 2021 | $0.68 | 3.8% |
| Jun 14, 2021 | $0.68 | 3.77% |
| Mar 12, 2021 | $0.68 | 3.83% |
| Dec 14, 2020 | $0.68 | 5.25% |
| Sep 14, 2020 | $0.68 | 6.61% |
| Jun 12, 2020 | $0.68 | 6.9% |
| Mar 12, 2020 | $0.68 | 7.7% |
| Dec 12, 2019 | $0.67 | 3.71% |
| Sep 12, 2019 | $0.67 | 4.03% |
| Jun 13, 2019 | $0.67 | 3.66% |
| Mar 14, 2019 | $0.67 | 2.69% |
| Dec 13, 2018 | $0.6 | 2.64% |
| Sep 13, 2018 | $0.6 | 1.66% |
| Jun 14, 2018 | $0.34 | 1.3% |
| Mar 14, 2018 | $0.3 | 1.19% |
| Dec 14, 2017 | $0.3 | 1.3% |
| Sep 14, 2017 | $0.3 | 1.5% |
| Jun 13, 2017 | $0.26 | 1.29% |
| Mar 13, 2017 | $0.23 | 1.26% |
| Dec 13, 2016 | $0.23 | 1.31% |
| Sep 13, 2016 | $0.23 | 1.89% |
| Jun 13, 2016 | $0.22 | 1.96% |
| Mar 11, 2016 | $0.21 | 2.23% |
| Dec 11, 2015 | $0.21 | 1.99% |
| Sep 11, 2015 | $0.21 | 1.95% |
| Jun 11, 2015 | $0.21 | 1.56% |
| Mar 11, 2015 | $0.2 | 1.75% |
Comerica dividend payout ratio
Payout ratio
Comerica's payout ratio of 70.5% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 44%, Comerica's payout ratio is 60% higher.
Total amount of dividends paid per financial year (from cash flow)
CMA dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| KEY Keycorp | 4.27% | $0.82 | 8,200% |
| CMA Comerica Inc | 4.12% | $2.84 | 70.5% |
| WSBC Wesbanco Inc | 3.99% | $1.44 | 68.9% |
| RF Regions Financial Corp | 3.63% | $0.97 | 54.8% |
| HBAN Huntington Bancshares Inc | 3.52% | $0.62 | 59.6% |
| PNC Pnc Financial Services Group Inc | 3.06% | $6.3 | 53.2% |
| ONB Old National Bancorp | 2.65% | $0.56 | 33.7% |
| BAC Bank Of America Corp | 2.11% | $0.98 | 35.3% |
| CFR Cullen/Frost Bankers Inc | 2% | $2.79 | 34.6% |
| WFC Wells Fargo & Company | 2% | $1.5 | 30.7% |
| JPM Jpmorgan Chase & Co | 1.88% | $4.6 | 25.5% |
Frequently asked questions
Does Comerica pay a dividend?
Yes, Comerica has been paying dividends for the last 29 years.
When was CMA's last dividend?
Comerica's last dividend ex-date was on Sep 13, 2024. The dividend amount was $0.71 per share.
How much dividend does Comerica pay (per share)?
On an annual basis CMA pays $2.84 per share.
What is Comerica's dividend yield?
The current dividend yield of Comerica is 4.12%.
How often does Comerica pay dividends?
Comerica pays dividends quarterly.
What is Comerica's dividend payout ratio?
The dividend payout ratio of Comerica is 70.5%.
Does Comerica pay a good dividend?
Comerica's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.