From our Industry Experts

TMCNet:  Commerce declares dividends [St. Joseph News-Press (MO)]

[July 27, 2014]

Commerce declares dividends [St. Joseph News-Press (MO)]

(St. Joseph News-Press (MO) Via Acquire Media NewsEdge) KANSAS CITY, Mo. -- Commerce Bancshares Inc., announced Friday that its board of directors declared a quarterly dividend of $0.225 per share on its common stock, payable Sept. 25, to stockholders of record at the close of business on Sept. 5.




Also Friday, the board approved a dividend of $0.30 per depositary share on the company's Series B non-cumulative perpetual preferred stock, payable Sept. 2, to stockholders of record at the close of business on Aug. 15.

Commerce, which has branches in St. Joseph, had $23 billion in assets as of June 30.

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