Commerce Bancshares (CBSH) Declares $0.2625 Quarterly Dividend and 5% Common Stock Dividend
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Commerce Bancshares (NASDAQ: CBSH) declared a quarterly dividend of $0.2625 per share, or $1.05 annualized.
The dividend will be payable on December 17, 2021, to stockholders of record on December 2, 2021, with an ex-dividend date of December 1, 2021.
The annual yield on the dividend is 1.4 percent.
- Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors approved a 5% common stock dividend payable on December 17, 2021 to shareholders of record at the close of business on December 2, 2021. Statements reflecting the issuance of shares as a result of the stock dividend should be mailed on or about December 17, 2021. No fractional shares will be issued, and shareholders will receive cash for such fractional interests based on the market value of the stock on the record date.
- The Board of Directors also declared a quarterly dividend of $0.2625 per share on the Company's common stock payable December 17, 2021, to stockholders of record at the close of business on December 2, 2021 (the dividend will not be payable on any shares to be issued pursuant to the 5% stock dividend).
For a dividend history and other dividend-related data on Commerce Bancshares (CBSH) click here.
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