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IBTX Independent Bank Group Inc Dividend

Independent Bank Group's latest quarterly cash dividend of $0.36 per share was issued to shareholders on record before Nov 9, 2021. The dividend distribution stands at $1.32 per share annually, which comes to a dividend yield of 1.9%. The latest IBTX dividend of $0.36 is an increase from the previous $0.34 payout, representing a growth of 6%.

IBTX next dividend date: Not announced

IBTX
DPS
$1.32
Dividend yield
1.9%
Payout ratio
24.9%
Financial Services sector
Dividend yield
2.51%
Payout ratio
32.1%

Dividend yield

IBTX has a dividend yield of 1.9% which is lower than the Financial Services sector, the industry and its peers average.

Dividend history

Independent Bank Group has been paying dividends for the last eight years. Our records show that IBTX has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 26% since twelve months ago. And with the price of the stock up by 24% from a year ago, the dividend yield marks an increase of 1.5%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Oct 28, 2021 Nov 9, 2021 Nov 24, 2021 $0.36 normal
Jul 26, 2021 Aug 4, 2021 Aug 19, 2021 $0.34 normal
Apr 26, 2021 May 5, 2021 May 20, 2021 $0.32 normal
Feb 1, 2021 Feb 10, 2021 Feb 25, 2021 $0.3 normal
Oct 26, 2020 Nov 5, 2020 Nov 19, 2020 $0.3 normal
Jul 29, 2020 Aug 7, 2020 Aug 20, 2020 $0.25 normal
Apr 29, 2020 May 8, 2020 May 21, 2020 $0.25 normal
Jan 29, 2020 Feb 7, 2020 Feb 20, 2020 $0.25 normal
Oct 23, 2019 Nov 1, 2019 Nov 14, 2019 $0.25 normal
Jul 24, 2019 Aug 2, 2019 Aug 15, 2019 $0.25 normal
Apr 24, 2019 May 3, 2019 May 16, 2019 $0.25 normal
Jan 30, 2019 Feb 8, 2019 Feb 21, 2019 $0.25 normal
Oct 24, 2018 Nov 2, 2018 Nov 15, 2018 $0.14 normal
Jul 25, 2018 Aug 3, 2018 Aug 16, 2018 $0.14 normal
Apr 25, 2018 May 4, 2018 May 17, 2018 $0.14 normal
Jan 31, 2018 Feb 9, 2018 Feb 22, 2018 $0.12 normal
Oct 25, 2017 Nov 3, 2017 Nov 16, 2017 $0.1 normal
Jul 26, 2017 Aug 3, 2017 Aug 17, 2017 $0.1 normal
Apr 26, 2017 May 4, 2017 May 18, 2017 $0.1 normal
Jan 27, 2017 Feb 2, 2017 Feb 16, 2017 $0.1 normal
Oct 27, 2016 Nov 3, 2016 Nov 18, 2016 $0.1 normal
Jul 27, 2016 Aug 4, 2016 Aug 18, 2016 $0.08 normal
Apr 27, 2016 May 5, 2016 May 19, 2016 $0.08 normal

Dividend payouts

Payout ratio

IBTX has a payout ratio of 24.9% which is lower than the Financial Services sector, the industry and its peers average.

Total amount of dividends paid per financial year (from cash flow)