DETROIT, Jan. 24 /PRNewswire-FirstCall/ -- The Board of Directors of Comerica Incorporated (NYSE: CMA) today increased the quarterly cash dividend for common stock by 7.3 percent to fifty-nine cents ($0.59) per share. The dividend is payable April 1, 2006 to shareholders of record March 15, 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO )
"Comerica has increased its annual dividend for 37 consecutive years," said Ralph W. Babb Jr., chairman and chief executive officer. "It is a reflection of our solid capital position."
Comerica Incorporated is a financial services company headquartered in Detroit, strategically aligned into The Business Bank, The Retail Bank, and Wealth & Institutional Management. Comerica focuses on relationships, and helping businesses and people be successful. Comerica reported total assets of $53.0 billion at December 31, 2005. To receive e-mail alerts of breaking Comerica news, go to http://www.comerica.com/newsalerts.
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SOURCE: Comerica Incorporated
CONTACT: Media, Sharon R. McMurray, +1-313-222-4881, or Wayne J. Mielke,
+1-313-222-4732; or Investors, Paul E. Burdiss, +1-313-222-2840, or Paul
Jaremski, +1-313-222-6317, all of Comerica Incorporated
Web site: http://www.comerica.com/
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