Comerica Dividend yield

Comerica is part of Banks business, which is part of Financials industry. Comerica is a company from USA, and his stocks are publicly traded.

Comerica stock dividend

Comerica paid a total dividend of 375 million USD last year, for a market value of 6,351 millions (Market Cap 6,315 millions). Comerica dividend per share is 2.84 USD, and his stock market price 48.11 USD.

According to the chart below, where dividend yield is displayed, Comerica has a dividend yield of 5.90%, which is higher than the amount offered by both the market average and companies from USA. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Comerica stocks dividend with other Banks companies or other of the best USA dividend stocks list.

Comerica Dividend Payout

About the ability of Comerica to maintain his current dividend of USD 2.84 per share, an amount that accounts for 5.90%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Comerica payout on ernings is currently 33.06%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Comericacan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Comerica is USD 4.86 per share, which is higher than the dividend per share paid by the company of USD 2.84, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Comerica, compared againt world market average, USA companies, Financials industry and Banks sector companies.

Comerica Dividend History

Below you will find a table with the historical evolution of Comerica's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	5.90%	2.84	33.06%	132
2022	4.07%	2.72	31.34%	131
2021	3.13%	2.72	77.49%	131
2020	4.87%	2.72	31.66%	139
2019	3.74%	2.68	31.75%	144
2018	3.49%	2.40	45.80%	162
2017	1.38%	1.20	44.12%	174
2016	1.44%	0.92	31.29%	175
2015	1.81%	0.84	25.53%	178

*In millions

Then you can see the evolution of Comerica dividend stock, and compare it with the average of USA stocks and that of the Banks stocks.

Comerica Stock performance

Finally, last moth Comerica showed a return of -10.80% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -40.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Banks firms.