Comerica (Comerica) Dividend Payout Ratio

: 0.49 (As of Dec. 2023)

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Comerica's dividend payout ratio for the months ended in Dec. 2023 was 0.49.

The historical rank and industry rank for Comerica's Dividend Payout Ratio or its related term are showing as below:

CMA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.31 Max: 0.79
Current: 0.36

During the past 13 years, the highest Dividend Payout Ratio of Comerica was 0.79. The lowest was 0.25. And the median was 0.31.

CMA's Dividend Payout Ratio is ranked worse than
53.47% of 1094 companies
in the Banks industry
Industry Median: 0.33 vs CMA: 0.36

As of today (2024-04-18), the Dividend Yield % of Comerica is 5.59%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Comerica was 9.84%. The lowest was 1.07%. And the median was 2.19%.

Comerica's Dividends per Share for the months ended in Dec. 2023 was $0.71.

During the past 12 months, Comerica's average Dividends Per Share Growth Rate was 4.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 18.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Comerica was 63.50% per year. The lowest was -56.10% per year. And the median was 11.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Comerica Dividend Payout Ratio Historical Data

The historical data trend for Comerica's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Comerica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.34

0.79

0.33

0.31

0.37

Comerica Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.26	0.30	0.35	0.37	0.49

Competitive Comparison

For the Banks - Regional subindustry, Comerica's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Comerica Dividend Payout Ratio Distribution

For the Banks industry and Financial Services sector, Comerica's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Comerica's Dividend Payout Ratio falls into.

Comerica Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Comerica's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.84	/	7.75
	=	0.37

Comerica's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.71	/	1.46
	=	0.49

Comerica (NYSE:CMA) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Comerica Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Comerica's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Comerica (Comerica) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Comerica Inc (NYSE:CMA) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CA3:Germany CA3:Germany

Address

1717 Main Street, Comerica Bank Tower, MC 6404, Dallas, TX, USA, 75201

Website

https://www.comerica.com

Comerica is a financial services company headquartered in Dallas. It is primarily focused on relationship-based commercial banking. In addition to Texas, Comerica's other primary geographies are California and Michigan, with locations also in Arizona and Florida and select businesses operating in several other states as well as Canada.

Executives

Bailey Corey R	officer: Executive Vice President	1717 MAIN STREET, DALLAS TX 75201
Alan Gardner	director	C/O FRONTIER COMMUNICATIONS PARENT, INC., 401 MERRITT 7, NORWALK CT 06851
Allysun C Fleming	officer: Executive Vice President	1717 MAIN STREET, DALLAS TX 75201
Arthur G Angulo	director	1717 MAIN STREET, DALLAS TX 75201
Derek J Kerr	director
Jennifer H Sampson	director	1717 MAIN STREET, MC 6506, DALLAS TX 75201
Casandra M. Mckinney	officer: EVP	1717 MAIN STREET, DALLAS TX 75201
Wendy Bridges	officer: EVP	1717 MAIN STREET, DALLAS TX 75201
James Harry Weber	officer: Executive Vice President	1717 MAIN STREET, MC-6503, DALLAS TX 75201
Turner Reginald M Jr	director	500 WOODWARD AVE, SUITE 3500, DETROIT MI 48226
Peter L Sefzik	officer: Executive Vice President	1717 MAIN STREET, DALLAS TX 75201
Von E Hays	officer: Interim Chief Legal Officer	1717 MAIN STREET, MC 6404, DALLAS TX 75201
Melinda A. Chausse	officer: EVP	1717 MAIN STREET, DALLAS TX 75201
Christine M Moore	officer: SVP and General Auditor	411 WEST LAFAYETTE, DETROIT MI 48226
Nancy Flores	director	6555 NORTH STATE HWY 161, IRVING TX 75039