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 4.83%.
Comerica's dividend yield of 4.83% is above the Financial Services sector, the industry and its peers average. If we compare it with its Financial Services sector average of 2.91%, Comerica's dividend yield is 66% higher. Historically CMA's dividend yield has averaged at 5.0% in the last 5 years, which is similar to the current yield.
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 47% from a year ago, the dividend yield has a decrease of 31%.
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's payout ratio of 62.6% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 43.3%, Comerica's payout ratio is 45% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
WSBC Wesbanco Inc | 4.9% | $1.44 | 67.6% |
KEY Keycorp | 4.89% | $0.82 | 106.5% |
CMA Comerica Inc | 4.83% | $2.84 | 62.6% |
RF Regions Financial Corp | 4.25% | $0.97 | 54.8% |
HBAN Huntington Bancshares Inc | 4.24% | $0.62 | 58.5% |
PNC Pnc Financial Services Group Inc | 3.43% | $6.25 | 52.3% |
ONB Old National Bancorp | 3.06% | $0.56 | 32.7% |
WFC Wells Fargo & Company | 2.55% | $1.45 | 29.4% |
CFR Cullen/Frost Bankers Inc | 2.46% | $2.79 | 34% |
BAC Bank Of America Corp | 2.44% | $0.98 | 34.1% |
JPM Jpmorgan Chase & Co | 2.18% | $4.6 | 25.6% |
Yes, Comerica has been paying dividends for the last 29 years.
Comerica's last dividend ex-date was on Sep 13, 2024. The dividend amount was $0.71 per share.
On an annual basis CMA pays $2.84 per share.
The current dividend yield of Comerica is 4.83%.
Comerica pays dividends quarterly.
The dividend payout ratio of Comerica is 62.6%.
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.