DALLAS, July 28, 2020 /PRNewswire/ -- The Board of
Directors of Comerica Incorporated (NYSE: CMA) declared a quarterly
cash dividend for common stock of 68
cents ($0.68) per share. The
dividend is payable Oct. 1, 2020, to
common stock shareholders of record at the close of business on
Sept. 15, 2020.
The Board also declared a dividend of $1,953.125 per share (equivalent to
$19.53125 per depositary share) on
the Series A Non-Cumulative Perpetual Preferred Stock of Comerica
Incorporated, payable Oct. 1, 2020,
to preferred stock shareholders of record at the close of business
on Sept. 15, 2020. This initial
dividend is for the long first dividend period from May 26, 2020 to Oct. 1,
2020.
Comerica Incorporated (NYSE: CMA) is a financial services
company headquartered in Dallas,
Texas, and strategically aligned by three business segments:
The Commercial Bank, The Retail Bank, and Wealth Management.
Comerica focuses on relationships, and helping people and
businesses be successful. In addition to Texas, Comerica Bank locations can be found in
Arizona, California, Florida and Michigan, with select businesses operating in
several other states, as well as in Canada and Mexico. Comerica reported total assets of
$84 billion at June 30, 2020.
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SOURCE Comerica Incorporated