Comerica Dividends and Buybacks
Dividend criteria checks 5/6
Comerica is a dividend paying company with a current yield of 4.18% that is well covered by earnings. Next payment date is on 1st January, 2025 with an ex-dividend date of 13th December, 2024.
Key information
4.2%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 4.2% |
| Future Dividend Yield | 4.3% |
| Dividend Growth | 12.3% |
| Next dividend pay date | 01 Jan 25 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | €2.840 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CA3's dividends per share have been stable in the past 10 years.
Growing Dividend: CA3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Comerica Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CA3) | 4.2% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Banks) | 6.4% |
| Analyst forecast (CA3) (up to 3 years) | 4.3% |
Notable Dividend: CA3's dividend (4.18%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: CA3's dividend (4.18%) is low compared to the top 25% of dividend payers in the German market (4.81%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.5%), CA3's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CA3's dividends in 3 years are forecast to be well covered by earnings (47.1% payout ratio).