Comerica Dividend
Dividend criteria checks 6/6
Comerica is a dividend paying company with a current yield of 5.31% that is well covered by earnings. Next payment date is on 1st July, 2024 with an ex-dividend date of 14th June, 2024.
Key information
5.3%
Dividend yield
56%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | 01 Jul 24 |
| Ex dividend date | 14 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | US$5.04 |
| Dividend yield forecast in 3Y | 5.7% |
Recent dividend updates
Comerica's (NYSE:CMA) Dividend Will Be $0.71
May 13
Comerica (NYSE:CMA) Is Due To Pay A Dividend Of $0.71
Apr 26Comerica's (NYSE:CMA) Dividend Will Be $0.71
Mar 02Recent updates
Comerica's (NYSE:CMA) Dividend Will Be $0.71
May 13Comerica (NYSE:CMA) Is Due To Pay A Dividend Of $0.71
Apr 26Comerica: Higher For Longer Rates Are Challenging (Rating Downgrade)
Apr 02Comerica's (NYSE:CMA) Dividend Will Be $0.71
Mar 02Comerica Is Fairly Priced Relative To Peers
Jan 18Comerica: Holding Strong And Highly Liquid With 5% Dividend Yield, Despite Earnings Declines
Jan 08Comerica: Solid Yield, But No Longer A Bargain
Dec 01Stabilizing Deposits Make Comerica Attractive (Rating Upgrade)
Nov 04Comerica Incorporated: Macroeconomic Factors And Strategic Decisions Are Impacting Performance
Oct 25Comerica: Unfair Scrutiny Signals Buy
Oct 04With EPS Growth And More, Comerica (NYSE:CMA) Makes An Interesting Case
Sep 06Comerica: Maintain Strong Buy After Solid Q2 Results And Dividend Yield
Aug 30Comerica: Undemanding Valuation, But Not A Lot Of Positive Catalysts
Jul 21Comerica Bank Towering Above The Skyline, A Buying Potential
Jun 08Do Comerica's (NYSE:CMA) Earnings Warrant Your Attention?
May 14Differentiated Growth Not Enough To Push Comerica Ahead Of Peers
Feb 01Comerica names Megan Crespi new chief operating officer
Jan 25Comerica GAAP EPS of $2.58 beats by $0.03, revenue of $1.02B beats by $10M
Jan 19Comerica: A Nice Yield At A Great Price
Jan 04Comerica (NYSE:CMA) Will Pay A Dividend Of $0.68
Dec 11Comerica (NYSE:CMA) Has Announced A Dividend Of $0.68
Nov 12Comerica Q3 2022 Earnings Preview
Oct 18Comerica's (NYSE:CMA) Dividend Will Be $0.68
Sep 06Comerica's (NYSE:CMA) Dividend Will Be $0.68
Aug 23Comerica Could Be Assembling The Pieces For Better Long-Term Returns
Aug 19Comerica's (NYSE:CMA) Dividend Will Be $0.68
Jul 30Comerica Q2 2022 Earnings Preview
Jul 19Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CMA's dividends per share have been stable in the past 10 years.
Growing Dividend: CMA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Comerica Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CMA) | 5.3% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Banks) | 2.9% |
| Analyst forecast in 3 Years (CMA) | 5.7% |
Notable Dividend: CMA's dividend (5.31%) is higher than the bottom 25% of dividend payers in the US market (1.49%).
High Dividend: CMA's dividend (5.31%) is in the top 25% of dividend payers in the US market (4.58%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.2%), CMA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CMA's dividends in 3 years are forecast to be well covered by earnings (49.7% payout ratio).