International Bancshares's latest dividend of $0.63 per share was on Aug 10, 2023 (ex-date). At an annualized rate of $1.26 per share, the stock yields 2.95%.
IBOC has a dividend yield of 2.95% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 3.79%, International Bancshares's dividend yield is 22% 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 5% since twelve months ago. And with the price of the stock down by 0.9% from a year ago, the dividend yield has increased by 6%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Aug 10, 2023 | Aug 25, 2023 | Jul 27, 2023 | $0.63 | normal |
Feb 14, 2023 | Feb 28, 2023 | Feb 1, 2023 | $0.63 | normal |
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 20% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 33.4%, International Bancshares's payout ratio is 40% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
SBSI Southside Bancshares Inc | 4.92% | $1.39 | 41.5% |
PB Prosperity Bancshares Inc | 4.16% | $2.2 | 41.4% |
CFR Cullen/Frost Bankers Inc | 3.98% | $3.53 | 33% |
IBTX Independent Bank Group Inc | 3.83% | $1.52 | 70.4% |
IBOC International Bancshares Corp | 2.94% | $1.26 | 20% |
FFIN First Financial Bankshares Inc | 2.92% | $0.7 | 44.9% |
BOKF Bok Financial Corp | 2.75% | $2.16 | 22.7% |
Yes, International Bancshares has been paying dividends for the last 26 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 2024.
International Bancshares's last dividend ex-date was on Aug 10, 2023. The dividend amount was $0.63 per share.
IBOC's annualized dividend per share is $1.26.
Currently International Bancshares's dividend yield is 2.95%.
International Bancshares typically pays two dividends per year.
International Bancshares's dividend payout ratio is 20%.
International Bancshares's dividend yield is less than the Financial Services sector average.