DALLAS, Feb. 27,
2024 /PRNewswire/ -- The Board of Directors of
Comerica Incorporated (NYSE: CMA) declared a quarterly cash
dividend for common stock of 71 cents
($0.71) per share. The dividend is
payable April 1, 2024, to common
stock shareholders of record at the close of business on
March 15, 2024.
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, 2024, to preferred
stock shareholders of record at the close of business on
March 15, 2024.
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. This
year, Comerica is celebrating 175 years of building relationships,
helping people and businesses be successful, and serving its
communities. Founded in 1849 in Detroit,
Michigan, Comerica is one of the 25 largest commercial U.S.
financial holding companies, providing more than 400 banking
centers across the country with locations in Arizona, California, Florida, Michigan and Texas. Comerica continues to expand into new
regions, including its Southeast Market, based in North Carolina, and Mountain West Market in
Colorado. Comerica has offices in
17 states and services 14 of the 15 largest U.S. metropolitan
areas, as well as Canada and
Mexico. Comerica reported total assets of $85.8 billion as of Dec.
31, 2023. Learn more about how Comerica is raising
expectations of what a bank can be by
visiting www.comerica.com, and follow us
on Facebook, X (formally known as
Twitter), Instagram and LinkedIn.
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SOURCE Comerica Incorporated