Commerce Bancshares (CBSH) Dividend History & Yield
Commerce Bancshares (CBSH) has increased its dividend for 9 consecutive years and currently yields 2.07%. The most recent payment was $0.2750/share on Mar 6, 2026, paid Quarterly.
Current Yield
2.07%
TTM Dividend/Share
$1.06
Payment Frequency
Quarterly
Payout Ratio
25.6%
Consecutive Growth Years
9
Div Growth (1Y CAGR)
6.94%
Div Growth (5Y CAGR)
4.10%
Div Growth (10Y CAGR)
5.06%
Dividend Safety Score
2 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 25.6%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($4.26) covers dividend/share ($1.06).
No dividend cuts in 10+ years
2 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
Only 9 consecutive year(s) of dividend growth.
Dividend Payment History
Ex-date Mar 6, 2026
- Payment date
- Mar 24, 2026
- Dividend
- $0.2750
- Adj. dividend
- $0.2750
Ex-date Dec 2, 2025
- Payment date
- Dec 15, 2025
- Dividend
- $0.2619
- Adj. dividend
- $0.2619
Ex-date Sep 5, 2025
- Payment date
- Sep 23, 2025
- Dividend
- $0.2619
- Adj. dividend
- $0.2619
Ex-date Jun 6, 2025
- Payment date
- Jun 24, 2025
- Dividend
- $0.2619
- Adj. dividend
- $0.2619
Ex-date Mar 7, 2025
- Payment date
- Mar 25, 2025
- Dividend
- $0.2619
- Adj. dividend
- $0.2619
Ex-date Dec 3, 2024
- Payment date
- Dec 17, 2024
- Dividend
- $0.2449
- Adj. dividend
- $0.2449
Ex-date Sep 5, 2024
- Payment date
- Sep 23, 2024
- Dividend
- $0.2700
- Adj. dividend
- $0.2449
Ex-date Jun 5, 2024
- Payment date
- Jun 18, 2024
- Dividend
- $0.2700
- Adj. dividend
- $0.2449
Ex-date Mar 6, 2024
- Payment date
- Mar 25, 2024
- Dividend
- $0.2700
- Adj. dividend
- $0.2449
Ex-date Dec 1, 2023
- Payment date
- Dec 18, 2023
- Dividend
- $0.5400
- Adj. dividend
- $0.2331
Ex-date Sep 5, 2023
- Payment date
- Sep 25, 2023
- Dividend
- $0.2700
- Adj. dividend
- $0.2332
Ex-date Jun 2, 2023
- Payment date
- Jun 20, 2023
- Dividend
- $0.2700
- Adj. dividend
- $0.2332
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Mar 6, 2026 | Mar 24, 2026 | $0.2750 | $0.2750 |
| Dec 2, 2025 | Dec 15, 2025 | $0.2619 | $0.2619 |
| Sep 5, 2025 | Sep 23, 2025 | $0.2619 | $0.2619 |
| Jun 6, 2025 | Jun 24, 2025 | $0.2619 | $0.2619 |
| Mar 7, 2025 | Mar 25, 2025 | $0.2619 | $0.2619 |
| Dec 3, 2024 | Dec 17, 2024 | $0.2449 | $0.2449 |
| Sep 5, 2024 | Sep 23, 2024 | $0.2700 | $0.2449 |
| Jun 5, 2024 | Jun 18, 2024 | $0.2700 | $0.2449 |
| Mar 6, 2024 | Mar 25, 2024 | $0.2700 | $0.2449 |
| Dec 1, 2023 | Dec 18, 2023 | $0.5400 | $0.2331 |
| Sep 5, 2023 | Sep 25, 2023 | $0.2700 | $0.2332 |
| Jun 2, 2023 | Jun 20, 2023 | $0.2700 | $0.2332 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Commerce Bancshares has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 9 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.0476 | — | — |
| 2025 | $0.9796 | $1.0476 | +6.9% |
| 2024 | $0.9328 | $0.9796 | +5.0% |
| 2023 | $0.9157 | $0.9328 | +1.9% |
| 2022 | $0.8763 | $0.9157 | +4.5% |
| 2021 | $0.8568 | $0.8763 | +2.3% |
| 2020 | $0.8149 | $0.8568 | +5.1% |
| 2019 | $0.7102 | $0.8149 | +14.7% |
| 2018 | $0.6716 | $0.7102 | +5.7% |
| 2017 | $0.6716 | $0.6716 | 0.0% |
| 2016 | $0.6394 | $0.6716 | +5.0% |
| 2015 | $0.6090 | $0.6394 | +5.0% |
| 2014 | $0.5800 | $0.6090 | +5.0% |
| 2013 | $1.4859 | $0.5800 | -61.0% |
| 2012 | $0.5580 | $1.4859 | +166.3% |
| 2011 | $0.5703 | $0.5580 | -2.2% |
| 2010 | $0.5615 | $0.5703 | +1.6% |
| 2009 | $0.5568 | $0.5615 | +0.9% |
| 2008 | $0.5303 | $0.5568 | +5.0% |
| 2007 | $0.4948 | $0.5303 | +7.2% |
| 2006 | $0.4675 | $0.4948 | +5.8% |
| 2005 | $0.3945 | $0.4675 | +18.5% |
| 2004 | $0.3452 | $0.3945 | +14.3% |
| 2003 | $0.2743 | $0.3452 | +25.9% |
| 2002 | $0.2381 | $0.2743 | +15.2% |
| 2001 | $0.2366 | $0.2381 | +0.6% |
| 2000 | $0.2181 | $0.2366 | +8.5% |
| 1999 | $0.1818 | $0.2181 | +19.9% |
| 1998 | $0.1779 | $0.1818 | +2.2% |
| 1997 | $0.1471 | $0.1779 | +20.9% |
| 1996 | $0.1472 | $0.1471 | -0.0% |
| 1995 | $0.1364 | $0.1472 | +7.9% |
| 1994 | $0.1094 | $0.1364 | +24.8% |
| 1993 | $0.1089 | $0.1094 | +0.5% |
| 1992 | $0.1034 | $0.1089 | +5.3% |
| 1991 | $0.0965 | $0.1034 | +7.1% |
| 1990 | $0.0868 | $0.0965 | +11.1% |
| 1989 | $0.0813 | $0.0868 | +6.8% |
| 1988 | $0.0629 | $0.0813 | +29.2% |
| 1987 | $0.0737 | $0.0629 | -14.7% |
| 1986 | $0.0452 | $0.0737 | +63.2% |
| 1985 | — | $0.0452 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Commerce Bancshares pay dividends?
- Yes, Commerce Bancshares (CBSH) pays quarterly dividends of approximately $1.06 per share annually, yielding 2.07%.
What is Commerce Bancshares's dividend yield?
- Commerce Bancshares (CBSH) has a current dividend yield of 2.07%.
Is Commerce Bancshares's dividend safe?
- Commerce Bancshares (CBSH) passes 2 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Commerce Bancshares increased its dividend?
- Commerce Bancshares (CBSH) has 9 consecutive years of dividend increases.
What is Commerce Bancshares's dividend payout ratio?
- Commerce Bancshares (CBSH) has a dividend payout ratio of 25.6%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
Explore more
CBSH — Overview
Company profile, financial tools, and key metrics
CBSH — Buybacks
Repurchase history, shareholder yield, and SBC vs buybacks
CBSH — Dividend Calculator
Calculate historical dividend income from any date
CBSH — Dividend Forecast
Project future income with DRIP and growth rates
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