Cash Dividend On The Way From Commerce Bancshares Series B Non-Cumulative Perpetual Preferred Stock

On 2/11/15, Commerce Bancshares, Inc.'s 6.00% Series B Non-Cumulative Perpetual Preferred Stock (NASD: CBSHP) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 3/2/15. As a percentage of CBSHP's recent share price of $25.48, this dividend works out to approximately 1.47%, so look for shares of CBSHP to trade 1.47% lower — all else being equal — when CBSHP shares open for trading on 2/11/15. On an annualized basis, the current yield is approximately 5.89%, which compare...