Commerce Bancshares, Inc. (CBSH) Dividend History

NASDAQ: CBSHYield, payment dates, growth and payout ratio.

CBSH latest dividend

$0.28last dividend per share
Ex-dividend dateSep 4Friday, 2026
Payment dateSep 22Tuesday, 2026

The next dividend has not been announced yet.

  • 8 yearsof dividend increases
  • 1985paying since
  • Quarterly4 payments a year
  • +3.3%5-year growth a year
  • 1.98%forward yield

CBSH dividend income calculator

Dividend income a year
$110
Each payment
$28
Value of the shares
$5,569
Dividend yield
1.98%

At the latest close; forward annual dividend $1.10 per share, before tax.

CBSH dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

CBSH dividend safety

Payout ratio (earnings)26.4%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)25.4%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+3.3%
Slow growth · a year on average
Years of increases8
Established · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

CBSH yield on cost

Commerce Bancshares, Inc. yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$51.122.15%$1.102.2%
3 years ago$42.252.60%$3.127.4%
5 years ago$58.911.87%$5.068.6%
10 years ago$36.213.04%$9.1225.2%
20 years ago$24.544.48%$16.3066.4%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

CBSH dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

CBSH dividends by year

Commerce Bancshares, Inc. dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$1.06+6.9%2.03%4
2024$0.99+1.2%1.67%4
2023$0.98+1.9%2.02%4
2022$0.96+4.7%1.64%4
2021$0.92+2.1%1.55%4
2020$0.90+5.1%1.66%4
2019$0.86+14.7%1.61%4
2018$0.75+5.8%1.69%4
2017$0.710.0%1.69%4
2016$0.71+3.7%1.63%4
2015$0.68+5.0%2.14%4
2014$0.65+5.0%2.10%4
2013$0.62−61.8%2.03%4
2012$1.62+172.4%7.15%4
2011$0.59−2.1%2.53%4
2010$0.61+1.5%2.48%4
2009$0.60+0.8%2.51%4
2008$0.59+5.0%2.30%4
2007$0.56+7.1%2.26%4
2006$0.53—2.05%4

CBSH dividend history

167 payments
Commerce Bancshares, Inc. dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-09-042026-09-22$0.275—Quarterly
2026-06-052026-06-23$0.275—Quarterly
2026-03-062026-03-24$0.275—Quarterly
2025-12-022025-12-15$0.275+5.0%Quarterly
2025-09-052025-09-23$0.2619—Quarterly
2025-06-062025-06-24$0.2619—Quarterly
2025-03-072025-03-25$0.2619+1.9%Quarterly
2024-12-032024-12-17$0.2571+5.0%Quarterly
2024-09-052024-09-23$0.2449—Quarterly
2024-06-052024-06-18$0.2449—Quarterly
2024-03-062024-03-25$0.2449—Quarterly
2023-12-012023-12-18$0.2449—Quarterly
2023-09-052023-09-25$0.2449—Quarterly
2023-06-022023-06-20$0.2449—Quarterly
2023-03-062023-03-27$0.2449+1.9%Quarterly
2022-12-012022-12-16$0.2404—Quarterly
Show all 167 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-09-062022-09-22$0.2404—Quarterly
2022-06-062022-06-22$0.2404—Quarterly
2022-03-072022-03-23$0.2404+0.9%Quarterly
2021-12-012021-12-17$0.2381+5.0%Quarterly
2021-09-032021-09-23$0.2268—Quarterly
2021-06-032021-06-21$0.2268—Quarterly
2021-03-082021-03-24$0.2268−2.8%Quarterly
2020-12-012020-12-18$0.2332+5.0%Quarterly
2020-09-032020-09-21$0.2221—Quarterly
2020-06-042020-06-22$0.2221—Quarterly
2020-03-052020-03-23$0.2221+3.8%Quarterly
2019-12-022019-12-18$0.2139—Quarterly
2019-09-052019-09-23$0.2139—Quarterly
2019-06-062019-06-24$0.2139—Quarterly
2019-03-072019-03-25$0.2139+10.6%Quarterly
2018-11-292018-12-17$0.1933+5.0%Quarterly
2018-09-062018-09-24$0.1841—Quarterly
2018-06-072018-06-25$0.1841—Quarterly
2018-03-082018-03-26$0.1841+4.4%Quarterly
2017-11-292017-12-18$0.1763—Quarterly
2017-09-072017-09-25$0.1763—Quarterly
2017-06-072017-06-26$0.1763—Quarterly
2017-03-082017-03-27$0.1763—Quarterly
2016-11-302016-12-19$0.1763—Quarterly
2016-09-072016-09-26$0.1763—Quarterly
2016-06-082016-06-27$0.1763—Quarterly
2016-03-092016-03-28$0.1763—Quarterly
2015-11-242015-12-14$0.1763+5.0%Quarterly
2015-09-092015-09-28$0.1679—Quarterly
2015-06-032015-06-26$0.1679—Quarterly
2015-03-042015-03-26$0.1679—Quarterly
2014-11-252014-12-15$0.1679+5.0%Quarterly
2014-09-032014-09-25$0.1599—Quarterly
2014-06-032014-06-23$0.1599—Quarterly
2014-03-032014-03-24$0.1599—Quarterly
2013-11-262013-12-16$0.1599+5.0%Quarterly
2013-09-042013-09-23$0.1523—Quarterly
2013-06-052013-06-24$0.1523—Quarterly
2013-03-042013-03-25$0.1523−87.0%Quarterly
2012-11-282012-12-17$1.17+689.8%Quarterly
2012-09-052012-09-25$0.1483—Quarterly
2012-06-062012-06-26$0.1483—Quarterly
2012-03-072012-04-02$0.1483—Quarterly
2011-11-282011-12-19$0.1483—Quarterly
2011-09-072011-09-26$0.1483—Quarterly
2011-06-082011-06-27$0.1483—Quarterly
2011-03-092011-03-28$0.1483−2.1%Quarterly
2010-12-022010-12-20$0.1515—Quarterly
2010-09-072010-09-27$0.1515—Quarterly
2010-06-092010-06-28$0.1515—Quarterly
2010-03-082010-03-26$0.1515−2.1%Quarterly
2009-11-252009-12-15$0.1547+5.0%Quarterly
2009-09-092009-09-25$0.1473—Quarterly
2009-06-052009-06-26$0.1473—Quarterly
2009-03-062009-03-27$0.1473−4.0%Quarterly
2008-11-122008-12-01$0.1535+5.0%Quarterly
2008-09-102008-09-26$0.1462—Quarterly
2008-06-052008-06-27$0.1462—Quarterly
2008-03-062008-03-28$0.1462—Quarterly
2007-11-272007-12-13$0.1462+5.0%Quarterly
2007-09-112007-09-26$0.1392—Quarterly
2007-06-052007-06-27$0.1392—Quarterly
2007-03-072007-03-28$0.1392+2.0%Quarterly
2006-11-272006-12-13$0.1364+5.0%Quarterly
2006-09-112006-09-27$0.1299—Quarterly
2006-06-052006-06-27$0.1299—Quarterly
2006-03-072006-03-28$0.1299+2.1%Quarterly
2005-11-252005-12-13$0.1273+5.0%Quarterly
2005-09-092005-09-27$0.1212—Quarterly
2005-06-032005-06-27$0.1212—Quarterly
2005-03-072005-03-28$0.1212+4.3%Quarterly
2004-11-242004-12-13$0.1162+5.0%Quarterly
2004-09-092004-09-27$0.1106—Quarterly
2004-06-032004-06-28$0.1106—Quarterly
2004-03-042004-03-26$0.1106+2.2%Quarterly
2003-11-252003-12-12$0.1082+5.0%Quarterly
2003-09-102003-09-26$0.1031+36.4%Quarterly
2003-06-042003-06-26$0.0756—Quarterly
2003-03-052003-03-27$0.0756+1.5%Quarterly
2002-11-262002-12-13$0.0744+5.0%Quarterly
2002-09-112002-09-27$0.0709—Quarterly
2002-06-052002-06-27$0.0709—Quarterly
2002-03-062002-03-28$0.0709+1.6%Quarterly
2001-11-282001-12-14$0.0698+5.0%Quarterly
2001-09-122001-09-28$0.0665—Quarterly
2001-06-062001-06-29$0.0665—Quarterly
2001-03-072001-03-30$0.0665+3.2%Quarterly
2000-11-282000-12-15$0.0644+5.0%Quarterly
2000-09-132000-09-29$0.0613—Quarterly
2000-06-072000-06-29$0.0613—Quarterly
2000-03-072000-03-30$0.0613+3.3%Quarterly
1999-11-261999-12-17$0.0594+5.0%Quarterly
1999-09-131999-09-29$0.0565—Quarterly
1999-06-091999-06-29$0.0565—Quarterly
1999-03-051999-03-30$0.0565+3.4%Quarterly
1998-11-251998-12-18$0.0546+5.0%Quarterly
1998-09-101998-09-29$0.052—Quarterly
1998-06-051998-06-30$0.052—Quarterly
1998-03-051998-03-30$0.052+6.1%Quarterly
1997-11-251997-12-12$0.0491+5.0%Quarterly
1997-09-101997-09-29$0.0467—Quarterly
1997-06-051997-06-30$0.0467—Quarterly
1997-03-051997-03-31$0.0467+7.9%Quarterly
1996-11-261996-12-13$0.0433+5.0%Quarterly
1996-09-101996-09-27$0.0412—Quarterly
1996-06-051996-06-28$0.0412—Quarterly
1996-03-061996-03-29$0.0412+5.6%Quarterly
1995-11-281995-12-15$0.0391—Quarterly
1995-09-081995-09-29$0.0391—Quarterly
1995-06-061995-06-30$0.0391—Quarterly
1995-03-021995-03-31$0.0391+5.9%Quarterly
1994-11-251994-12-15$0.0369—Quarterly
1994-09-071994-09-30$0.0369—Quarterly
1994-05-271994-06-30$0.0369+13.3%Quarterly
1994-03-021994-03-31$0.0326—Quarterly
1993-11-291993-12-17$0.0326—Quarterly
1993-09-071993-09-30$0.0326—Quarterly
1993-06-081993-06-30$0.0326+12.5%Quarterly
1993-03-021993-03-31$0.0289—Quarterly
1992-11-301992-12-18$0.0289—Quarterly
1992-09-211992-09-30$0.0289—Quarterly
1992-06-011992-06-30$0.0289+5.3%Quarterly
1992-02-181992-03-31$0.0275—Quarterly
1991-12-021991-12-20$0.0275—Quarterly
1991-09-031991-09-30$0.0275—Quarterly
1991-06-061991-06-28$0.0275+5.5%Quarterly
1991-02-191991-03-29$0.0261—Quarterly
1990-12-041990-12-31$0.0261—Quarterly
1990-09-041990-09-28$0.0261—Quarterly
1990-06-071990-06-29$0.0261+12.5%Quarterly
1990-02-201990-03-30$0.0232—Quarterly
1989-12-051989-12-29$0.0232—Quarterly
1989-09-051989-09-29$0.0232—Quarterly
1989-06-081989-06-30$0.0232+6.6%
1989-02-211989-03-31$0.0217—
1988-12-061988-12-30$0.0217+5.0%
1988-09-061988-09-30$0.0207—
1988-06-061988-06-30$0.0207+7.2%
1988-02-261988-03-31$0.0193+21.6%
1987-12-071987-12-31$0.0159—
1987-09-041987-09-30$0.0159—
1987-06-081987-06-30$0.0159+3.7%
1987-03-111987-03-31$0.0153−17.7%
1986-12-08—$0.0186—
1986-09-08—$0.0186—
1986-06-09—$0.0186+3.8%
1986-02-24—$0.0179+57.3%
1985-12-02—$0.0114—
1985-09-09—$0.0114—
1985-06-07—$0.0114+3.5%
1985-02-25—$0.011—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

CBSH stock split history

  • 105:100December 2, 2025
  • 105:100December 3, 2024
  • 105:100December 1, 2021
  • 105:100December 1, 2020
  • 105:100November 29, 2018
  • 105:100November 24, 2015
  • 105:100November 25, 2014
  • 21:20November 26, 2013
  • 105:100November 28, 2012
  • 105:100November 25, 2009
  • 105:100November 12, 2008
  • 105:100November 27, 2007
  • 105:100November 27, 2006
  • 105:100November 25, 2005
  • 105:100November 24, 2004
  • 105:100November 25, 2003
  • 105:100November 26, 2002
  • 105:100November 28, 2001
  • 105:100November 28, 2000
  • 105:100November 26, 1999
  • 105:100November 25, 1998
  • 3:2March 31, 1998
  • 105:100November 25, 1997
  • 105:100November 26, 1996
  • 3:2June 1, 1993
  • 2:1May 30, 1989
  • 2:1May 27, 1986

CBSH dividend overview

Commerce Bancshares pays an annual dividend of $1.10 per share, a yield of 1.98% at the latest close, paid quarterly. It paid $1.06 per share in 2025, up 6.9% from 2024. It has raised its dividend for 8 consecutive years. Over five years the dividend grew 3.3% a year on average and over ten years 4.5% a year. The payout ratio is 26.4% of trailing earnings.

Related: CBSH cash flow statement, CBSH key metrics, CBSH chart. See the CBSH stock overview for the latest quote and news.

CBSH dividends FAQ

Does Commerce Bancshares pay a dividend?

Yes. Commerce Bancshares has paid a regular dividend since 1985, quarterly, most recently $0.28 per share with an ex-dividend date of September 4, 2026.

What is Commerce Bancshares's dividend yield?

Commerce Bancshares's forward annual dividend is $1.10 per share, a dividend yield of 1.98% at the latest close of $55.69.

How often does Commerce Bancshares pay dividends?

Commerce Bancshares pays dividends quarterly.

How fast is Commerce Bancshares's dividend growing?

Commerce Bancshares's dividend per share grew from $0.90 in 2020 to $1.06 in 2025, 3.3% a year on average over five years; it has increased for 8 years in a row.

What is Commerce Bancshares's dividend payout ratio?

Commerce Bancshares pays out 26.4% of its trailing earnings as dividends and 25.4% of its free cash flow (fiscal 2025).

Has Commerce Bancshares split its stock?

Commerce Bancshares has split its stock 27 times: 105:100 on December 2, 2025, 105:100 on December 3, 2024, 105:100 on December 1, 2021, 105:100 on December 1, 2020, 105:100 on November 29, 2018, 105:100 on November 24, 2015, 105:100 on November 25, 2014, 21:20 on November 26, 2013, 105:100 on November 28, 2012, 105:100 on November 25, 2009, 105:100 on November 12, 2008, 105:100 on November 27, 2007, 105:100 on November 27, 2006, 105:100 on November 25, 2005, 105:100 on November 24, 2004, 105:100 on November 25, 2003, 105:100 on November 26, 2002, 105:100 on November 28, 2001, 105:100 on November 28, 2000, 105:100 on November 26, 1999, 105:100 on November 25, 1998, 3:2 on March 31, 1998, 105:100 on November 25, 1997, 105:100 on November 26, 1996, 3:2 on June 1, 1993, 2:1 on May 30, 1989, 2:1 on May 27, 1986. Dividends per share on this page are adjusted for splits.

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