Comerica Dividends and Buybacks
Dividend criteria checks 5/6
Comerica is a dividend paying company with a current yield of 4.12% that is well covered by earnings. Next payment date is on 7th January, 2025 with an ex-dividend date of 12th December, 2024.
Key information
4.0%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 4.0% |
| Future Dividend Yield | 4.1% |
| Dividend Growth | 12.2% |
| Next dividend pay date | 07 Jan 25 |
| Ex dividend date | 12 Dec 24 |
| Dividend per share | R$16.461 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: C1MA34's dividends per share have been stable in the past 10 years.
Growing Dividend: C1MA34's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Comerica Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (C1MA34) | 4.0% |
| Market Bottom 25% (BR) | 3.0% |
| Market Top 25% (BR) | 9.4% |
| Industry Average (Banks) | 5.2% |
| Analyst forecast (C1MA34) (up to 3 years) | 4.1% |
Notable Dividend: C1MA34's dividend (4.12%) is higher than the bottom 25% of dividend payers in the BR market (3.02%).
High Dividend: C1MA34's dividend (4.12%) is low compared to the top 25% of dividend payers in the BR market (9.57%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.5%), C1MA34's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: C1MA34's dividends in 3 years are forecast to be well covered by earnings (47.1% payout ratio).