Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock
February 05 2021 - 1:15PM
Business Wire
Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that
its Board of Directors declared a quarterly dividend of $0.2625 per
share on the Company's common stock, which compares to the prior
dividend of $0.257 as adjusted for the 5% stock dividend that was
paid on December 18, 2020. This represents an increase in the
quarterly dividend per share of 2% and marks the 53rd consecutive
year that the Company has increased its regular cash dividend per
share. The dividend is payable on March 24, 2021 to stockholders of
record at the close of business on March 9, 2021.
About Commerce Bancshares,
Inc.
With $32.9 billion in assets1, Commerce Bancshares, Inc.
(NASDAQ: CBSH) is a registered bank holding company offering a full
line of banking services, including payment solutions, investment
management and securities brokerage. Commerce Bank, a subsidiary of
Commerce Bancshares, Inc., leverages more than 150 years of proven
strength and experience to help individuals and businesses solve
financial challenges. In addition to offering payment solutions
across the U.S., Commerce Bank currently operates full-service
banking facilities across the Midwest including the St. Louis and
Kansas City metropolitan areas, Springfield, Central Missouri,
Central Illinois, Wichita, Tulsa, Oklahoma City, and Denver. It
also maintains commercial offices in Dallas, Houston, Cincinnati,
Nashville, Des Moines, Indianapolis, and Grand Rapids. Commerce
delivers high-touch service and sophisticated financial solutions
at regional branches, commercial offices, ATMs, online, mobile and
through a 24/7 customer service line. Learn more at
www.commercebank.com.
1. As of December 31, 2020
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version on businesswire.com: https://www.businesswire.com/news/home/20210205005430/en/
Matthew Burkemper (314) 746-7485
Matthew.Burkemper@CommerceBank.com
Commerce Bancshares (NASDAQ:CBSH)
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