5 Best Regional Bank Dividend Stocks to Buy

4. Comerica Incorporated (NYSE:CMA)

Number of Hedge Fund Holders: 42

Texas-based financial services company, Comerica Incorporated (NYSE:CMA) is next on our list of the best dividend stocks from the regional banking industry. The company’s per-share dividend comes in at $0.71 every quarter for a dividend yield of 5.77%, as recorded on February 7. In April 2023, the company announced a 4% hike in its quarterly dividend for the first time since the pandemic in 2020.

As per Insider Monkey’s database of Q3 2023, 42 hedge funds held stakes in Comerica Incorporated (NYSE:CMA), down from 46 in the previous quarter. These stakes have a collective value of approximately $562 million. With over 2.8 million shares, North Reef Capital was the company’s leading stakeholder in Q3.

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