trending Market Intelligence /marketintelligence/en/news-insights/trending/s886Lbh2HfDPSq_tv73ulg2 content esgSubNav
In This List

Comerica increases dividend under 2015 capital plan


Banking Essentials Newsletter: September Edition, Part - 2


S&P Capital IQ Pro | Unrivaled Sector Coverage


S&P Capital IQ Pro | Powering Your Edge


Street Talk Episode 81: Amid strong recovery, Banc of California hearing more M&A chatter

Comerica increases dividend under 2015 capital plan

Comerica Inc.'sboard of directors increased the Dallas-based company's quarterly cash dividendto 22 cents per common share under its 2015 capital plan. This is thesecond time the company is increasing its dividend under the 2015 capital plan.

The dividend, payable July 1 to common stockholders of recordas of June 15, represents an increase of approximately 5% over the company's previouslydeclared quarterly dividend of 21cents per share.

"The dividend increase reflects our company's solid capitalposition and our continued confidence in Comerica's business model and growth prospects,"Chairman and CEO Ralph Babb Jr. said in an April 26 news release.