Comerica (CMA) Raises Quarterly Dividend 1.5% to $0.68; 4.3% Yield

January 28, 2020 4:33 PM EST

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Comerica (NYSE: CMA) declared a quarterly dividend of $0.68 per share, or $2.72 annualized. This is a 1.5% increase from the prior dividend of $0.67.

The dividend will be payable on April 1, 2020, to stockholders of record on March 13, 2020, with an ex-dividend date of March 12, 2020.

The annual yield on the dividend is 4.3 percent.

"Today's dividend increase reflects our continued strong financial performance as we achieved record earnings per share in 2019," said Curt Farmer, Comerica's chairman and chief executive officer. "We remain committed to providing value to our shareholders, including a healthy, competitive dividend yield."

For a dividend history and other dividend-related data on Comerica (CMA) click here.

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