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Commerce announces stock dividend

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Commerce Bancshares Inc., the Kansas City holding company for Commerce Bank, announced July 25 a regularly quarterly dividend of 25 cents per share.

The dividend on the company’s common stock (Nasdaq: CBSH) is payable Sept. 26 to stockholders of record as of the close of business on Sept. 12.

The dividend announcement follows the company’s July 15 announcement that second-quarter earnings totaled 77 cents per share, up 2.7 percent from a year ago.

Commerce has about 360 locations in Missouri, Illinois, Kansas, Oklahoma and Colorado. Shares closed July 25 at $42.42 and were trading at $42.37 as of 10 a.m. central time. [[In-content Ad]]

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