Commerce Bancshares (CBSH) announced that its board of directors declared a quarterly dividend of 27.5c per share on the company’s common stock, which compares to the prior dividend of 25.7c as adjusted for the 5% stock dividend that was paid on December 18, 2024. This represents an increase in the quarterly dividend per share of 7%, noted the company. The dividend is payable on March 25 to stockholders of record at the close of business on March 7.
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Read More on CBSH:
- Commerce Bancshares price target raised to $70 from $67 at BofA
- Commerce Bancshares price target raised to $72 from $70 at Morgan Stanley
- Commerce Bancshares price target raised to $72 from $69 at Piper Sandler
- Commerce Bancshares’ Strong Q4 2024 Earnings Report
- Commerce Bancshares reports Q4 EPS $1.01, consensus 94c
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