Comerica increases quarterly dividend 13 percent
Comerica boosts quarterly dividend by 13 percent to 17 cents, payable April 1
DALLAS (AP) -- Regional banking company Comerica Inc. said Tuesday its board increased its quarterly dividend by 13 percent, to 17 cents from 15 cents.
The Dallas company will pay the dividend April 1 to shareholders of record March 15.
Last week, the company reported a 35 percent jump in fourth-quarter net income, as Comerica set aside less reserves for bad loans.
Comerica shares ended Tuesday trading up 13 cents at $33.79.
