Commerce Bancshares, Inc. (NASDAQ:CBSH) Updates On Quarterly Dividend


As per Commerce Bancshares, Inc. (NASDAQ:CBSH) statement on 2016-08-01, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.225 per share as dividend to stakeholders. The record date is set as 2016-09-09, the payout date as 2016-09-26 and the ex-dividend date is 2016-09-07.

Last fiscal Commerce Bancshares, Inc. (NASDAQ:CBSH) disbursed cash dividend of $0.225. A year ago, the payout was $0.225, which indicates a difference of 5%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.225, implying 4.0908% growth.

For the period ended on 2015-12-31, Commerce Bancshares, Inc. (NASDAQ:CBSH)’s earnings came at $0.7 per share compared to EPS of $0.63 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-12. For this quarter, the analysts have earnings estimate of $0.7 per share.

The interim price target for Commerce Bancshares, Inc. (NASDAQ:CBSH) is set at $46.062. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Commerce Bancshares, Inc. (NASDAQ:CBSH) is seen at $51 and the lowest level is established at $40. This broad range highlights a standard deviation of $3.57 in reported estimates.

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