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Commerce declares first-quarter dividend

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Kansas City-based Commerce Bancshares Inc., the holding company for Commerce Bank, Wednesday declared a quarterly dividend of 25 cents per share.

The dividend on common stock is payable June 27 to stockholders of record June 7.

Commerce Bancshares Inc. operates nearly 360 locations in Missouri, Kansas, Oklahoma and Illinois. Shares (Nasdaq: CBSH) were trading at $47.69 as of 2 p.m. today, compared to a 52-week range of $43.43 to $50.77.

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