Comerica Declares Quarterly Common Stock Dividend of 71 Cents Per Share; Announces Initial Series B Preferred Stock Dividend
Rhea-AI Summary
Comerica (NYSE: CMA) declared a quarterly cash dividend of $0.71 per common share, payable Jan. 1, 2026, to shareholders of record at the close of business on Dec. 15, 2025.
The Board also declared an initial cash dividend on the Series B Non-Cumulative Perpetual Preferred Stock of $26.74 per share (equivalent to $0.6684 per depositary share), payable Jan. 1, 2026, to preferred shareholders of record Dec. 15, 2025; this initial dividend covers the long first dividend period from Aug. 11, 2025 to Jan. 1, 2026.
Comerica reported total assets of $77.4 billion at Sept. 30, 2025 and operates across 15 states with presence in Canada and Mexico.
Positive
- $0.71 quarterly common dividend declared
- Common dividend payable Jan. 1, 2026 to record holders Dec. 15, 2025
- Initial Series B preferred dividend of $26.74 per share declared
- Series B initial dividend covers Aug. 11, 2025–Jan. 1, 2026
- Total assets reported at $77.4 billion as of Sept. 30, 2025
Negative
- Cash dividends create a near-term cash outflow payable Jan. 1, 2026
- Series B preferred is non-cumulative, limiting arrearage rights for holders
News Market Reaction
On the day this news was published, CMA gained 1.02%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The Board also declared a cash dividend of
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas,
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SOURCE Comerica Incorporated