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Comerica (Comerica) Forward Dividend Yield % : 5.46% (As of Apr. 26, 2024)


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What is Comerica Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Comerica is 5.46%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Comerica is 5.46%.

CMA's Forward Dividend Yield % is ranked better than
67.95% of 1170 companies
in the Banks industry
Industry Median: 4.14 vs CMA: 5.46

Comerica's Dividends per Share for the three months ended in Dec. 2023 was $0.71.

During the past 12 months, Comerica's average Dividends Per Share Growth Rate was 4.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 18.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Comerica was 63.50% per year. The lowest was -56.10% per year. And the median was 11.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Comerica's Forward Dividend Yield %

For the Banks - Regional subindustry, Comerica's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Comerica's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Comerica's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Comerica's Forward Dividend Yield % falls into.



Comerica Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Comerica Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7102024-03-142024-03-152024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.7102023-12-142023-12-152024-01-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.7102023-09-142023-09-152023-10-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.7102023-06-142023-06-152023-07-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Comerica's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.84/52.07
=5.45 %

Current Share Price is $52.07.
Comerica's Dividends per Share for the forward twelve months is calculated as $0.71 * 4 = $2.84.

Comerica's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.84/52.07
=5.45 %

Current Share Price is $52.07.
Comerica's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.84.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Comerica  (NYSE:CMA) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Comerica Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Comerica's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Comerica (Comerica) Business Description

Traded in Other Exchanges
Address
1717 Main Street, Comerica Bank Tower, MC 6404, Dallas, TX, USA, 75201
Comerica is a financial services company headquartered in Dallas. It is primarily focused on relationship-based commercial banking. In addition to Texas, Comerica's other primary geographies are California and Michigan, with locations also in Arizona and Florida and select businesses operating in several other states as well as Canada.
Executives
Bailey Corey R officer: Executive Vice President 1717 MAIN STREET, DALLAS TX 75201
Alan Gardner director C/O FRONTIER COMMUNICATIONS PARENT, INC., 401 MERRITT 7, NORWALK CT 06851
Allysun C Fleming officer: Executive Vice President 1717 MAIN STREET, DALLAS TX 75201
Arthur G Angulo director 1717 MAIN STREET, DALLAS TX 75201
Derek J Kerr director
Jennifer H Sampson director 1717 MAIN STREET, MC 6506, DALLAS TX 75201
Casandra M. Mckinney officer: EVP 1717 MAIN STREET, DALLAS TX 75201
Wendy Bridges officer: EVP 1717 MAIN STREET, DALLAS TX 75201
James Harry Weber officer: Executive Vice President 1717 MAIN STREET, MC-6503, DALLAS TX 75201
Turner Reginald M Jr director 500 WOODWARD AVE, SUITE 3500, DETROIT MI 48226
Peter L Sefzik officer: Executive Vice President 1717 MAIN STREET, DALLAS TX 75201
Von E Hays officer: Interim Chief Legal Officer 1717 MAIN STREET, MC 6404, DALLAS TX 75201
Melinda A. Chausse officer: EVP 1717 MAIN STREET, DALLAS TX 75201
Christine M Moore officer: SVP and General Auditor 411 WEST LAFAYETTE, DETROIT MI 48226
Nancy Flores director 6555 NORTH STATE HWY 161, IRVING TX 75039

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