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Comerica Declares Common and Preferred Stock Dividends

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The Board of Directors of Comerica Incorporated (NYSE: CMA) has declared a quarterly cash dividend of 68 cents per share for common stock, payable on April 1, 2022. Shareholders of record as of March 15, 2022 will be eligible to receive this dividend. Additionally, a dividend of $1,406.25 per share has been declared on the Series A Non-Cumulative Perpetual Preferred Stock, also payable on April 1, 2022. As of December 31, 2021, Comerica reported total assets of $94.6 billion.

Positive
  • Quarterly cash dividend of $0.68 per share enhances shareholder value.
  • Strong asset base with total assets reported at $94.6 billion.
Negative
  • None.

DALLAS, Feb. 23, 2022 /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 April 1, 2022, to common stock shareholders of record at the close of business on March 15, 2022.

The Board also declared a dividend of $1,406.25 per share (equivalent to $14.0625 per depositary share) on the Series A Non-Cumulative Perpetual Preferred Stock of Comerica Incorporated, payable April 1, 2022, to preferred stock shareholders of record at the close of business on March 15, 2022.

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 $94.6 billion as of Dec. 31, 2021.

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SOURCE Comerica Incorporated

Comerica Incorporated

NYSE:CMA

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