Commerce Bancshares, Inc. Declares Stock Dividend and Quarterly Cash Dividend on Common Stock
27 Outubro 2023 - 2:14PM
Business Wire
Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that
its Board of Directors declared a quarterly dividend of $0.27 per
share on the Company's common stock payable December 18, 2023, to
stockholders of record at the close of business on December 4,
2023.
The Board of Directors also approved a 5% common stock dividend
payable on December 19, 2023 to shareholders of record at the close
of business on December 4, 2023. Statements reflecting the issuance
of shares as a result of the stock dividend should be mailed on or
about December 19, 2023. No fractional shares will be issued, and
shareholders will receive cash for such fractional interests based
on the market value of the stock on the record date. The quarterly
cash dividend will not be payable on any shares to be issued
pursuant to the 5% stock dividend.
About Commerce Bancshares,
Inc.
With $31.4 billion in assets1, Commerce Bancshares, Inc.
(NASDAQ: CBSH) is a regional bank holding company offering a full
line of banking services through its subsidiaries, including
payment solutions, investment management and securities brokerage.
One of its subsidiaries, Commerce Bank, leverages nearly 160 years
of proven strength and experience to help individuals and
businesses solve financial challenges. In addition to offering
payment solutions across the U.S., Commerce Bank currently operates
full-service banking facilities across the Midwest including the
St. Louis and Kansas City metropolitan areas, Springfield, Central
Missouri, Central Illinois, Wichita, Tulsa, Oklahoma City, and
Denver. It also maintains commercial offices in Dallas, Houston,
Cincinnati, Nashville, Des Moines, Indianapolis, and Grand Rapids.
Commerce delivers high-touch service and sophisticated financial
solutions at regional branches, commercial offices, ATMs, online,
mobile and through a 24/7 customer service line. Learn more at
www.commercebank.com.
1. As of September 30, 2023
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version on businesswire.com: https://www.businesswire.com/news/home/20231027787193/en/
Matt Burkemper (314) 746-7485
Matthew.Burkemper@CommerceBank.com
Commerce Bancshares (NASDAQ:CBSH)
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