Commerce Bancshares Raises Qtr. Dividend from $0.219 to $0.225/Share
Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.225 per share on the company's common stock, which compares to the regular prior dividend of $0.219 as adjusted for the 5 percent stock dividend that was paid on December 17, 2012. This represents an increase in the quarterly dividend per share of 2.7% and marks the 45^th consecutive year that the company has increased its regular cash dividend per share. The dividend is payable on March 25, 2013 to stockholders of record at the close of business on March 6, 2013.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.