DALLAS, July 23,
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 Oct. 1, 2024, to shareholders
of record at the close of business on Sept.
13, 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 Oct. 1, 2024, to preferred
stock shareholders of record at the close of business on
Sept. 13, 2024.
This year, Comerica Bank celebrates its 175th
anniversary. A subsidiary of Comerica Incorporated (NYSE: CMA),
Comerica Bank is a financial services company headquartered in
Dallas, Texas, and is
strategically aligned by three business segments: The Commercial
Bank, The Retail Bank and Wealth Management. Comerica, one of the
25 largest commercial U.S. financial holding companies, focuses on
building relationships and helping people and businesses be
successful, providing 380 banking centers across the country with
locations in Arizona, California, Florida, Michigan and Texas. Founded on Aug.
17, 1849, in Detroit,
Michigan, Comerica continues to expand into new regions,
most recently in the Southeast, including 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 $79.6 billion at
June 30, 2024.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 (formerly known as
Twitter), Instagram and LinkedIn.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/comerica-declares-common-and-preferred-stock-dividends-302204384.html
SOURCE Comerica Incorporated