Comerica Incorporated (CMA) will begin trading ex-dividend on September 14, 2020. A cash dividend payment of $0.68 per share is scheduled to be paid on October 01, 2020. Shareholders who purchased CMA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CMA has paid the same dividend. At the current stock price of $39.2, the dividend yield is 6.94%.
The previous trading day's last sale of CMA was $39.2, representing a -46.62% decrease from the 52 week high of $73.43 and a 61.45% increase over the 52 week low of $24.28.
CMA is a part of the Finance sector, which includes companies such as J P Morgan Chase & Co (JPM) and Bank of America Corporation (BAC). CMA's current earnings per share, an indicator of a company's profitability, is $4.15. Zacks Investment Research reports CMA's forecasted earnings growth in 2020 as -76.58%, compared to an industry average of -36.6%.
Interested in gaining exposure to CMA through an Exchange Traded Fund [ETF]?
The following ETF(s) have CMA as a top-10 holding:
- Invesco High Yield Equity Dividend Achievers ETF (PEY)
- SPDR S&P Regional Banking ETF (KRE)
- Columbia Sustainable U.S. Equity Income ETF (ESGS)
- SPDR S&P Bank ETF (KBE)
- iShares Morningstar Small-Cap Value ETFnd (JKL).
The top-performing ETF of this group is JKL with an increase of 21.83% over the last 100 days. PEY has the highest percent weighting of CMA at 2.65%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.