As the day concludes, Commerce Bancshares CBSH is preparing to distribute a dividend payout of $0.27 per share, resulting in an annualized dividend yield of 2.07%. This payout is exclusive to investors who held the stock before the ex-dividend date on September 05, 2023.
Commerce Bancshares Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-09-05 | 4 | $0.27 | 2.07% | 2023-07-28 | 2023-09-06 | 2023-09-25 |
| 2023-06-02 | 4 | $0.27 | 1.99% | 2023-04-19 | 2023-06-05 | 2023-06-20 |
| 2023-03-06 | 4 | $0.27 | 1.61% | 2023-02-03 | 2023-03-07 | 2023-03-27 |
| 2022-12-01 | 4 | $0.27 | 1.54% | 2022-10-28 | 2022-12-02 | 2022-12-16 |
| 2022-09-06 | 4 | $0.27 | 1.5% | 2022-08-05 | 2022-09-07 | 2022-09-22 |
| 2022-06-06 | 4 | $0.27 | 1.46% | 2022-04-20 | 2022-06-07 | 2022-06-22 |
| 2022-03-07 | 4 | $0.27 | 1.53% | 2022-02-04 | 2022-03-08 | 2022-03-23 |
| 2021-12-01 | 4 | $0.26 | 1.42% | 2021-11-12 | 2021-12-02 | 2021-12-17 |
| 2021-09-03 | 4 | $0.26 | 1.46% | 2021-07-30 | 2021-09-07 | 2021-09-23 |
| 2021-06-03 | 4 | $0.26 | 1.41% | 2021-04-21 | 2021-06-04 | 2021-06-21 |
| 2021-03-08 | 4 | $0.26 | 1.49% | 2021-02-05 | 2021-03-09 | 2021-03-24 |
| 2020-12-01 | 4 | $0.27 | 1.73% | 2020-10-30 | 2020-12-02 | 2020-12-18 |
Commerce Bancshares's dividend yield falls in the middle range when compared to its industry peers, with Truist Finl TFC having the highest annualized dividend yield at 7.41%.
Analyzing Commerce Bancshares Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
During the period of 2019 to 2022, the company experienced a notable growth in its dividend per share. The dividend per share increased from $1.04 to $1.06, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For Commerce Bancshares
From 2019 to 2022, Commerce Bancshares has demonstrated an upward trend in earnings, with earnings per share rising from $3.75 to $3.89. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
This article provides an in-depth analysis of Commerce Bancshares's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.27 per share, resulting in an annualized dividend yield of 2.07%.
Commerce Bancshares's dividend yield falls in the middle range when compared to its industry peers, with Truist Finl having the highest annualized dividend yield at 7.41%.
The upward trend in dividend per share and earnings per share for Commerce Bancshares from 2019 to 2022 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.
Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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