International Bancshares's latest dividend of $0.6 per share was on Aug 15, 2022 (ex-date). At an annualized rate of $1.2 per share, the stock yields 2.65%.
IBOC has a dividend yield of 2.65% which is higher than its peers average but lower than the Financial Services sector and the industry average. But if we consider the Financial Services sector average of 2.72%, International Bancshares's dividend yield is only 2.6% lower. The current dividend yield is in line with the historical average of 2.8% of the last 5 years.
International Bancshares has a history of paying dividends since 1997. Our records of IBOC show that the company has distributed two dividends in the past year. The annualized dividend per share has increased by 4.3% since twelve months ago. However with the price of the stock up by 9% from a year ago, the dividend yield has a decrease of 4.1%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 15, 2022 | Aug 29, 2022 | Aug 4, 2022 | $0.6 | normal |
| Feb 14, 2022 | Feb 28, 2022 | Feb 4, 2022 | $0.6 | normal |
| Aug 19, 2021 | Sep 3, 2021 | Aug 9, 2021 | $0.6 | normal |
| Feb 4, 2021 | Feb 17, 2021 | Jan 22, 2021 | $0.55 | normal |
| Sep 18, 2020 | Oct 5, 2020 | Sep 4, 2020 | $0.55 | normal |
| Mar 31, 2020 | Apr 3, 2020 | Mar 16, 2020 | $0.55 | normal |
| Sep 27, 2019 | Oct 15, 2019 | Sep 13, 2019 | $0.55 | normal |
| Mar 29, 2019 | Apr 15, 2019 | Mar 18, 2019 | $0.5 | normal |
| Oct 5, 2018 | Oct 16, 2018 | Sep 27, 2018 | $0.42 | normal |
| Mar 29, 2018 | Apr 16, 2018 | Mar 16, 2018 | $0.33 | normal |
| Sep 28, 2017 | Oct 16, 2017 | Sep 15, 2017 | $0.33 | normal |
| Mar 30, 2017 | Apr 17, 2017 | Mar 17, 2017 | $0.33 | normal |
| Sep 28, 2016 | Oct 17, 2016 | Sep 15, 2016 | $0.31 | normal |
| Mar 30, 2016 | Apr 18, 2016 | Mar 18, 2016 | $0.29 | normal |
IBOC has a payout ratio of 30.1% which is lower than the Financial Services sector, the industry and its peers average. But in comparison with the Financial Services sector average of 31.1%, International Bancshares's payout ratio is only 3.2% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SBSI Southside Bancshares Inc | 3.69% | $1.36 | 41.5% |
| PB Prosperity Bancshares Inc | 2.83% | $2.11 | 37.7% |
| IBOC International Bancshares Corp | 2.65% | $1.2 | 30.1% |
| IBTX Independent Bank Group Inc | 2.56% | $1.52 | 30.5% |
| CFR Cullen/Frost Bankers Inc | 2.54% | $3.24 | 43.4% |
| BOKF Bok Financial Corp | 2.14% | $2.13 | 30.8% |
| FFIN First Financial Bankshares Inc | 1.89% | $0.66 | 40.7% |
Yes, International Bancshares has been paying dividends for the last 25 years.
At this point we don't have a record of IBOC's next dividend date, but based on the current dividend schedule we project that it will likely be in February 2023.
International Bancshares's last dividend ex-date was on Aug 15, 2022. The dividend amount was $0.6 per share.
IBOC's annualized dividend per share is $1.2.
Currently International Bancshares's dividend yield is 2.65%.
International Bancshares typically pays two dividends per year.
International Bancshares's dividend payout ratio is 30.1%.
International Bancshares's dividend yield is in line with the Financial Services sector average.