Commerce Bancshares (CBSH) Approves 5% Stock Dividend

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Commerce Bancshares, Inc. Declares Stock Dividend and Quarterly Cash Dividends on Common and Preferred Stock

October 28, 2016 12:14 PM EDT

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors approved a 5 percent common stock dividend payable on December 19, 2016 to shareholders of record at the close of business on December 2, 2016. Statements reflecting the issuance of shares as a result of the stock dividend should be mailed on or about December 19, 2016. No fractional shares will be issued and shareholders will receive cash for such... More