Comerica (NYSE: CMA) shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $36.65 as of 9:35 a.m. ET, the dividend yield is 1.9%. The average volume for Comerica has been 2.4 million shares per day over the past 30 days. Comerica has a market cap of $6.8 billion and is part of the banking industry. Shares are up 21% year to date as of the close of trading on Monday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. Comerica Incorporated, through its subsidiaries, provides financial products and services primarily in Texas, Arizona, California, Florida, and Michigan. The company operates in three segments: Business Bank, Retail Bank, and Wealth Management. The company has a P/E ratio of 13.59. Currently there are 4 analysts that rate Comerica a buy, 4 analysts rate it a sell, and 16 rate it a hold. TheStreet Ratings rates Comerica as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Comerica Ratings Report now.
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