Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth. The Consumer segment offers various banking products and services, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; patient health care financing; real estate loans; indirect and other consumer financing; personal mortgage banking; consumer installment lending; and consumer debit and credit bank cards. The Commercial segment provides corporate lending, leasing, international, merchant and commercial bank card, and securities safekeeping and bond accounting services; and business products, government deposits, and related commercial cash management services, as well as sells fixed income securities to correspondent banks, corporations, public institutions, municipalities, and individuals. The Wealth segment provides traditional trust and estate planning, advisory and discretionary investment portfolio management, and brokerage services, as well as private banking accounts. The company also offers private equity investment, securities brokerage, insurance agency, specialty lending, and leasing services, as well as online and mobile banking services. It operates through a network of 287 locations in Missouri, Kansas, Illinois, Oklahoma, and Colorado, as well as commercial offices. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.
Commerce Bancshares Dividend Announcement
• Commerce Bancshares announced a quarterly dividend of $0.27 per ordinary share which will be made payable on 2024-12-17. Ex dividend date: 2024-12-03
• Commerce Bancshares annual dividend for 2024 was $1.11
• Commerce Bancshares annual dividend for 2023 was $1.12
• Commerce Bancshares's trailing twelve-month (TTM) dividend yield is 1.55%
• Commerce Bancshares's payout ratio for the trailing twelve months (TTM) is 34.79%
• Commerce Bancshares's dividend growth over the last five years (2018-2023) was 3.58% year
• Commerce Bancshares's dividend growth over the last ten years (2013-2023) was 2.34% year
Commerce Bancshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-03 | $0.27 | quarterly | 2024-12-17 |
2024-09-05 | $0.28 | quarterly | 2024-09-23 |
2024-06-05 | $0.27 | quarterly | 2024-06-18 |
2024-03-06 | $0.28 | quarterly | 2024-03-25 |
2023-12-01 | $0.28 | quarterly | 2023-12-18 |
2023-09-05 | $0.28 | quarterly | 2023-09-25 |
2023-06-02 | $0.27 | quarterly | 2023-06-20 |
2023-03-06 | $0.28 | quarterly | 2023-03-27 |
2022-12-01 | $0.27 | quarterly | 2022-12-16 |
2022-09-06 | $0.27 | quarterly | 2022-09-22 |
2022-06-06 | $0.27 | quarterly | 2022-06-22 |
2022-03-07 | $0.27 | quarterly | 2022-03-23 |
2021-12-01 | $0.26 | quarterly | 2021-12-17 |
2021-09-03 | $0.26 | quarterly | 2021-09-23 |
2021-06-03 | $0.26 | quarterly | 2021-06-21 |
2021-03-08 | $0.26 | quarterly | 2021-03-24 |
2020-12-01 | $0.27 | quarterly | 2020-12-18 |
2020-09-03 | $0.27 | quarterly | 2020-09-21 |
2020-06-04 | $0.27 | quarterly | 2020-06-22 |
2020-03-05 | $0.27 | quarterly | 2020-03-23 |
2019-12-02 | $0.26 | quarterly | 2019-12-18 |
2019-09-05 | $0.26 | quarterly | 2019-09-23 |
2019-06-06 | $0.26 | quarterly | 2019-06-24 |
2019-03-07 | $0.26 | quarterly | 2019-03-25 |
2018-11-29 | $0.23 | quarterly | 2018-12-17 |
2018-09-06 | $0.23 | quarterly | 2018-09-24 |
2018-06-07 | $0.23 | quarterly | 2018-06-25 |
2018-03-08 | $0.23 | quarterly | 2018-03-26 |
2017-11-29 | $0.23 | quarterly | 2017-12-18 |
2017-09-07 | $0.23 | quarterly | 2017-09-25 |
2017-06-07 | $0.23 | quarterly | 2017-06-26 |
2017-03-08 | $0.23 | quarterly | 2017-03-27 |
2016-11-30 | $0.23 | quarterly | 2016-12-19 |
2016-09-07 | $0.23 | quarterly | 2016-09-26 |
2016-06-08 | $0.23 | quarterly | 2016-06-27 |
2016-03-09 | $0.23 | quarterly | 2016-03-28 |
2015-11-24 | $0.21 | quarterly | 2015-12-14 |
2015-09-09 | $0.23 | quarterly | 2015-09-28 |
2015-06-03 | $0.23 | quarterly | 2015-06-26 |
2015-03-04 | $0.23 | quarterly | 2015-03-26 |
2014-11-25 | $0.21 | quarterly | 2014-12-15 |
2014-09-03 | $0.23 | quarterly | 2014-09-25 |
2014-06-03 | $0.23 | quarterly | 2014-06-23 |
2014-03-03 | $0.23 | quarterly | 2014-03-24 |
2013-11-26 | $0.21 | quarterly | 2013-12-16 |
2013-09-04 | $0.23 | quarterly | 2013-09-23 |
2013-06-05 | $0.23 | quarterly | 2013-06-24 |
2013-03-04 | $0.23 | quarterly | 2013-03-25 |
Commerce Bancshares Dividend per year
Commerce Bancshares Dividend growth
Commerce Bancshares Dividend Yield
Commerce Bancshares current trailing twelve-month (TTM) dividend yield is 1.55%. Interested in purchasing Commerce Bancshares stock? Use our calculator to estimate your expected dividend yield:
Commerce Bancshares Financial Ratios
Commerce Bancshares Dividend FAQ
Other factors to consider when evaluating Commerce Bancshares as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Commerce Bancshares's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Commerce Bancshares publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Commerce Bancshares distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Commerce Bancshares are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Commerce Bancshares sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Commerce Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Commerce Bancshares declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Commerce Bancshares's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Commerce Bancshares's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.