Commerce Bancshares (CBSH) Dividend History & Yield
Dividend ChallengerCommerce Bancshares (CBSH) has increased its dividend for 9 consecutive years and currently yields 2.08%. The most recent dividend was $0.2750/share on Mar 24, 2026, paid Quarterly.
Current Yield
2.08%
TTM Dividend/Share
$1.09
Payment Frequency
Quarterly
Payout Ratio
26.3%
Consecutive Growth Years
9 (Dividend Challenger)
Div Growth (1Y CAGR)
10.95%
Div Growth (5Y CAGR)
4.87%
Div Growth (10Y CAGR)
5.45%
CBSH: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
6.9%
FCF payout ratio
3.7%
Net debt / EBITDA
2.5x
Interest coverage
2.01x
ROIC (TTM)
13.2%
Dividend Safety Score
4 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 26.3%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($4.26) covers dividend/share ($1.09).
No dividend cuts in 10+ years
3 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.
FCF payout ratio below 70%
FCF payout ratio is 3.7%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 2.5x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (4.9%) exceeds EPS growth (-3.2%) — payout ratio expanding.
Per-payment dividend history
Ex-date Jun 5, 2026
- Payment date
- Jun 23, 2026
- Dividend
- $0.2750
- Adj. dividend
- $0.2750
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
- $0.2750
- Adj. dividend
- $0.2750
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
- $0.2750
- Adj. dividend
- $0.2750
Ex-date Mar 7, 2025
- Payment date
- Mar 25, 2025
- Dividend
- $0.2750
- Adj. dividend
- $0.2750
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 | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Jun 5, 2026 | Jun 23, 2026 | $0.2750 | $0.2750 |
| Mar 6, 2026 | Mar 24, 2026 | $0.2750 | $0.2750 |
| Dec 2, 2025 | Dec 15, 2025 | $0.2750 | $0.2750 |
| Sep 5, 2025 | Sep 23, 2025 | $0.2619 | $0.2619 |
| Jun 6, 2025 | Jun 24, 2025 | $0.2750 | $0.2750 |
| Mar 7, 2025 | Mar 25, 2025 | $0.2750 | $0.2750 |
| 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 |
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 | $1.0869 | — | — |
| 2025 | $0.9796 | $1.0869 | +11.0% |
| 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.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Commerce Bancshares (CBSH) from the consolidated cash flow statement, in USD as filed.
Latest period
$154.23M
YoY change
+3.5%
5Y CAGR
+4.5%
Peak year (2012)
$211.61M
Latest annual
$150.24M
Cash dividends paid over time for Commerce Bancshares (CBSH)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Commerce Bancshares (CBSH)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $150.24M | +3.5% | +$5.14M | ||
| 2024 | $145.09M | +7.7% | +$10.36M | ||
| 2023 | $134.73M | +5.7% | +$7.27M | ||
| 2022 | $127.47M | +3.9% | +$4.77M | ||
| 2021 | $122.69M | +1.6% | +$1.88M | ||
| 2020 | $120.82M | +6.5% | +$7.35M | ||
| 2019 | $113.47M | +13.2% | +$13.23M | ||
| 2018 | $100.24M | +9.4% | +$8.62M | ||
| 2017 | $91.62M | +5.2% | +$4.55M | ||
| 2016 | $87.07M | +2.5% | +$2.11M | ||
| 2015 | $84.96M | +0.9% | +$720,000 | ||
| 2014 | $84.24M | +2.6% | +$2.14M | ||
| 2013 | $82.10M | -61.2% | -$129.50M | ||
| 2012 | $211.61M | +167.4% | +$132.47M | ||
| 2011 | $79.14M | +1.2% | +$909,000 | ||
| 2010 | $78.23M | +4.7% | +$3.51M | ||
| 2009 | $74.72M | +3.7% | +$2.67M | ||
| 2008 | $72.06M | +4.6% | +$3.14M | ||
| 2007 | $68.92M | +4.8% | +$3.16M | ||
| 2006 | $65.76M | +3.7% | +$2.34M | ||
| 2005 | $63.42M | +3.7% | +$2.29M | ||
| 2004 | $61.13M | +19.3% | +$9.87M | ||
| 2003 | $51.27M | +21.5% | +$9.08M | ||
| 2002 | $42.19M | +4.8% | +$1.93M | ||
| 2001 | $40.25M | +7.0% | +$2.64M | ||
| 2000 | $37.61M | +4.2% | +$1.51M | ||
| 1999 | $36.10M | +7.1% | +$2.40M | ||
| 1998 | $33.70M | +10.9% | +$3.30M | ||
| 1997 | $30.40M | +10.5% | +$2.90M | ||
| 1996 | $27.50M | +5.8% | +$1.50M | ||
| 1995 | $26.00M | +23.2% | +$4.90M | ||
| 1994 | $21.10M | +14.7% | +$2.70M | ||
| 1993 | $18.40M | +19.5% | +$3.00M | ||
| 1992 | $15.40M | +10.0% | +$1.40M | ||
| 1991 | $14.00M | +5.3% | +$700,000 | ||
| 1990 | $13.30M | +12.7% | +$1.50M | ||
| 1989 | $11.80M | — | — |
2025's annual dividends paid for Commerce Bancshares (CBSH) came in at $150.24M – edged up 3.5% year-over-year.
Across 2020–2025 (5 years), Commerce Bancshares dividends paid produced a CAGR of +4.5% – sustaining 12 straight years of year-over-year growth.
Commerce Bancshares dividends paid declined from $211.61M in 2012 to $150.24M in 2025, a 29.0% drawdown.
The dataset's maximum dividends paid sits at $211.61M (2012); the minimum reading of $11.80M dates to 1989.
Commerce Bancshares (CBSH) sits 8th of 8 Financial Services peers we track on this metric, against a peer median of $5.36B.
Commerce Bancshares Dividends Paid 2025: $150.24M
Commerce Bancshares dividends paid in 2025 was $150.24M, edged up 3.5% from 2024.
Commerce Bancshares Dividends Paid 2024: $145.09M
Commerce Bancshares dividends paid in 2024 was $145.09M, grew 7.7% from 2023.
Commerce Bancshares Dividends Paid 2023: $134.73M
Commerce Bancshares dividends paid in 2023 was $134.73M, grew 5.7% from 2022.
Commerce Bancshares Dividends Paid 2022: $127.47M
Commerce Bancshares dividends paid in 2022 was $127.47M, edged up 3.9% from 2021.
Commerce Bancshares Dividends Paid 2021: $122.69M
Commerce Bancshares dividends paid in 2021 was $122.69M.
See more financial history for Commerce Bancshares (CBSH).
Sector peers by dividends paid
Companies in the same sector as Commerce Bancshares, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| JPMorgan Chase (JPM) | $16.63B | Financial Services |
| Bank of America (BAC) | $9.56B | Financial Services |
| Morgan Stanley (MS) | $6.59B | Financial Services |
| Wells Fargo (WFC) | $5.43B | Financial Services |
| Goldman Sachs (GS) | $5.28B | Financial Services |
| Visa (V) | $4.63B | Financial Services |
| Mastercard (MA) | $2.76B | Financial Services |
| Berkshire Hathaway (BRK-B) | $0 | Financial Services |
Frequently asked questions
Does Commerce Bancshares pay dividends?
Yes, Commerce Bancshares (CBSH) pays quarterly dividends of approximately $1.09 per share annually, yielding 2.08%.
What is Commerce Bancshares's dividend yield?
Commerce Bancshares (CBSH) has a current dividend yield of 2.08%.
Is Commerce Bancshares's dividend safe?
Commerce Bancshares (CBSH) passes 4 out of 8 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 26.3%. 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).
What is Commerce Bancshares's dividends paid?
Latest reported dividends paid for Commerce Bancshares (CBSH) is $154.23M (period ending March 31, 2026).
How has Commerce Bancshares dividends paid changed year-over-year?
Commerce Bancshares (CBSH) dividends paid changed +3.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Commerce Bancshares dividends paid?
Commerce Bancshares (CBSH) dividends paid compound annual growth rate is +4.5% over the most recent 5 years available.
When did Commerce Bancshares dividends paid hit its highest annual value?
Commerce Bancshares dividends paid reached its highest annual value of $211.61M in 2012.
What was Commerce Bancshares dividends paid in 2024?
Commerce Bancshares (CBSH) dividends paid in 2024 was $145.09M.
What was Commerce Bancshares dividends paid in 2025?
Commerce Bancshares (CBSH) dividends paid in 2025 was $150.24M.
Explore more
CBSH Overview
Company profile, financial tools, and key metrics
CBSH Revenue Counter
Earns $70.00 every second. See per minute, hour, and day.
CBSH Earnings Counter
Earns $18.27 per second net profit. See per minute, hour, and day.
CBSH Economic Scale
Exceeds Seychelles's GDP. Compare with world economies.
CBSH What If Invested
What if you had invested $1,000? See historical returns from any date.
CBSH How It Makes Money
Discover visual breakdown of $2.21B in revenue — where it comes from and where it goes.
CBSH Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
CBSH Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
CBSH Daily Price Character
Explosive · 44.5% historical win rate (green days). Streaks & record days.
CBSH Buybacks
3.30% TTM buyback yield. Shareholder yield & SBC comparison.
CBSH Stock Split History
36 splits on record. Dates, ratios, and cumulative multiple.
CBSH Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
CBSH Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.
CBSH Dividend Capture
Historical pre-ex touch stats, gap distribution, after-tax calculator, and a backtest simulator (limit-order vs MOC exit).
CBSH Financials
Revenue, EPS, EBITDA, market cap, debt and balance sheet history with annual and quarterly data.