Commerce Bancshares, Inc.

CBSH
Financial ServicesDividend King
$58.38
1.84%Fair Value

Commerce Bancshares, Inc. (CBSH) is a Financial Services company that currently yields 1.84% — trading near fair value based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $51.11 and the overvaluation threshold at $68.86. Commerce Bancshares, Inc. holds a quality score of 58/100 (Average), reflecting 58 consecutive years of dividend growth with a 27% payout ratio. The 5-year dividend CAGR stands at 4.1%.

CBSH Dividend Yield History — Weiss Valuation

Underval. $51.11Overval. $68.86

Distance to undervalued

Waiting for a better entry

Needs about 12.5% downside to reach the Weiss buy zone

Undervaluation starts near $51.11, where the annual dividend would imply roughly 2.10% yield. That is 0.26% above today's yield.

Buy-zone price

$51.11

Target yield

2.10%

Research checklist

What to clear before buying the yield

Updated Aug 23, 2026

Dividend durability

58Y

Long dividend history supports a deeper look.

Earnings payout

27%

Earnings coverage leaves room for noise.

Cash payout

N/A

Confirm cash conversion and one-off effects.

Dividend growth

4.1%

Recent growth adds income compounding potential.

What changed

What changed since the last update

2026-08-222026-08-23

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

Commerce Bancshares, Inc. is trading at a fair valuation relative to its dividend history.

Current yield 1.8% vs historical max 2.9% (62% of maximum).

14 consecutive years without a dividend cut.

Conservative payout ratio of 27%.

What matters now

Read the signal before the headline yield

Valuation is neutral here: quality has to do more of the work than entry price.

The 58/100 quality score says the headline yield needs extra skepticism.

Start by checking whether payout coverage and business durability still support the dividend.

CBSH Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$191

Year 10 Income

$336

Yield on Cost

3.45%

Total Income

$2,565

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

Track actual vs. projected

See what CBSH dividends you actually received with Sharesight

Dividend income log · Yield on cost · DRIP cost basis · Tax reports

More research

Full price history & technical analysis

TradingView ↗

Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

Track dividends received & tax reports

Sharesight ↗

CBSH Dividend Quality Score

Quality Score

58/ 100

Average

Payout Ratio25/25
Dividend Streak20/25
Growth (CAGR 5Y)8/20
Yield vs History5/15
FCF Coverage0/15

Key Metrics

Current Price$58.38
Annual Dividend$1.07
Current Yield1.84%
Yield — Max (10Y)2.95%
Yield — Min (10Y)1.60%
Undervalued Below$51.11
Overvalued Above$68.86
Payout Ratio26.64%
CAGR Dividend 5Y4.1%
CAGR Dividend 10Y5.1%
Years No Cut14y

Invest in CBSH

Check Commerce Bancshares, Inc. availability and current costs on eToro

Check eToro terms and availability →
Fractional sharesFees vary by countryCapital at risk

DividendVisual may earn a commission if you open an account via this link, at no cost to you. Capital at risk. Not financial advice.

58
consecutive years of dividend growth