Today, December 18, 2023, marks an important moment for investors of Commerce Bancshares CBSH. The company will distribute a dividend payout of $0.27 per share, demonstrating an annualized dividend yield of 2.40%. Remember, only shareholders prior to the ex-dividend date on December 01, 2023 are eligible for this payout.
Commerce Bancshares Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-01 | 4 | $0.27 | 2.4% | 2023-10-27 | 2023-12-04 | 2023-12-18 |
| 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 |
When comparing Commerce Bancshares's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer New York Community NYCB having the highest annualized dividend yield at 6.20%.
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
From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $1.04 in 2019 to $1.06 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Commerce Bancshares
From 2019 to 2022, Commerce Bancshares experienced a growth in earnings per share, with an increase from $3.56 to $3.70. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
In this article, we explore the recent dividend payout of Commerce Bancshares and its significance for shareholders. The company has decided to distribute a dividend of $0.27 per share today, which equates to an annualized dividend yield of 2.40%.
When comparing Commerce Bancshares's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer New York Community having the highest annualized dividend yield at 6.20%.
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.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
[Track real-time stock fluctuations for Commerce Bancshares on Benzinga.](https://www.benzinga.com/quote/Commerce Bancshares (NASDAQ: CBSH))
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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