International Bancshares's latest dividend of $0.66 per share was on Feb 14, 2024 (ex-date). At an annualized rate of $1.29 per share, the stock yields 2.3%. The latest IBOC payment of $0.66 marks a dividend growth of 4.8%.
IBOC has a dividend yield of 2.3% 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 3.23%, International Bancshares's dividend yield is 29% lower. The current dividend yield is less than the historical average of 2.9% 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 4.9% since twelve months ago. However with the price of the stock up by 30% from a year ago, the dividend yield has a decrease of 19%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Feb 14, 2024 | Feb 28, 2024 | Jan 31, 2024 | $0.66 | normal |
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 19.5% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 39.2%, International Bancshares's payout ratio is 50% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
SBSI Southside Bancshares Inc | 4.82% | $1.41 | 50% |
PB Prosperity Bancshares Inc | 3.37% | $2.22 | 49.2% |
IBTX Independent Bank Group Inc | 3.33% | $1.52 | 144.8% |
CFR Cullen/Frost Bankers Inc | 3.22% | $3.63 | 39.8% |
BOKF Bok Financial Corp | 2.37% | $2.18 | 27.2% |
IBOC International Bancshares Corp | 2.3% | $1.29 | 19.5% |
FFIN First Financial Bankshares Inc | 2.19% | $0.72 | 51.8% |
Yes, International Bancshares has been paying dividends for the last 27 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 August 2024.
International Bancshares's last dividend ex-date was on Feb 14, 2024. The dividend amount was $0.66 per share.
IBOC's annualized dividend per share is $1.29.
Currently International Bancshares's dividend yield is 2.3%.
International Bancshares typically pays two dividends per year.
International Bancshares's dividend payout ratio is 19.5%.
International Bancshares's dividend yield is less than the Financial Services sector average.