Ex-Div Reminder for Commerce Bancshares Series B Non-Cumulative Perpetual Preferred Stock
November 06, 2015 at 13:36 PM EST
On 11/10/15, Commerce Bancshares, Inc.'s 6.00% Series B Non-Cumulative Perpetual Preferred Stock (CBSHP) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 12/1/15. As a percentage of CBSHP's recent share price of $26.59, this dividend works out to approximately 1.41%, so look for shares of CBSHP to trade 1.41% lower all else being equal when CBSHP shares open for trading on 11/10/15..