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Comerica (Comerica) Dividends per Share

: $2.84 (TTM As of Dec. 2023)
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Comerica's dividends per share for the three months ended in Dec. 2023 was $0.71. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.84. Its Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.49. As of today, Comerica's Dividend Yield % is 5.70%.

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

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.

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


Comerica Dividends per Share Historical Data

The historical data trend for Comerica's Dividends per Share can be seen below:

* 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.

* Premium members only.

Comerica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.68 2.72 2.72 2.72 2.84

Comerica Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividends per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.71 0.71 0.71 0.71

Competitive Comparison

For the Banks - Regional subindustry, Comerica's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % Distribution

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

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



Comerica Dividends per Share Calculation

Dividends paid to per common share.


Comerica  (NYSE:CMA) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Comerica's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.71/ 1.46
=0.49

During the past 13 years, the highest Dividend Payout Ratio of Comerica was 0.79. The lowest was 0.25. And the median was 0.31.

2. 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.84/49.82
=5.70 %

Current Share Price is $49.82.
Comerica's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.84.

During the past 13 years, the highest Dividend Yield of Comerica was 9.84%. The lowest was 1.07%. And the median was 2.19%.

* 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 Dividends per Share Related Terms

Thank you for viewing the detailed overview of Comerica's Dividends per Share 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