Commerce Bancshares Inc (NASDAQ:CBSH) recently announced a dividend of $0.27 per share, payable on 2024-06-18, with the ex-dividend date set for 2024-06-05. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Commerce Bancshares Inc's dividend performance and assess its sustainability.
Readers hoping to buy Commerce Bancshares, Inc. ( NASDAQ:CBSH ) for its dividend will need to make their move shortly...
Commerce Bancshares (CBSH) remains well-poised for growth driven by a solid balance sheet, decent loan demand and high rates. However, worsening asset quality and a rising expense base are woes.