IBTX Independent Bank Group dividend history, payout ratio & dates
Independent Bank Group's latest cash dividend of $0.38 per share was issued to shareholders on record before Oct 31, 2024. The dividend distribution stands at $1.52 per share annually, which comes to a dividend yield of 2.35%.
Key dates
- IBTX last dividend date: Oct 31, 2024
IBTX dividend stats
vs. Financial Services sector
Dividend yield
IBTX has a dividend yield of 2.35% 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 2.58%, Independent Bank Group's dividend yield is 9% lower. The current dividend yield is less than the historical average of 2.6% of the last 5 years.
Dividend history
Independent Bank Group has been paying dividends for the last 11 years. Our records show that IBTX has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. However with the price of the stock up by 71% from a year ago, the dividend yield has a decrease of 42%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 31, 2024 | $0.38 | 2.6% |
| Aug 5, 2024 | $0.38 | 2.96% |
| May 1, 2024 | $0.38 | 4.04% |
| Jan 31, 2024 | $0.38 | 3.14% |
| Nov 1, 2023 | $0.38 | 4.37% |
| Aug 2, 2023 | $0.38 | 3.47% |
| May 3, 2023 | $0.38 | 4.77% |
| Feb 3, 2023 | $0.38 | 2.35% |
| Nov 2, 2022 | $0.38 | 2.44% |
| Aug 3, 2022 | $0.38 | 2.12% |
| May 4, 2022 | $0.38 | 2.03% |
| Feb 9, 2022 | $0.38 | 1.8% |
| Nov 9, 2021 | $0.36 | 1.81% |
| Aug 4, 2021 | $0.34 | 1.81% |
| May 5, 2021 | $0.32 | 1.53% |
| Feb 10, 2021 | $0.3 | 1.57% |
| Nov 5, 2020 | $0.3 | 2.01% |
| Aug 7, 2020 | $0.25 | 2.11% |
| May 8, 2020 | $0.25 | 3.29% |
| Feb 7, 2020 | $0.25 | 1.82% |
| Nov 1, 2019 | $0.25 | 1.85% |
| Aug 2, 2019 | $0.25 | 1.67% |
| May 3, 2019 | $0.25 | 1.35% |
| Feb 8, 2019 | $0.25 | 1.24% |
| Nov 2, 2018 | $0.14 | 0.92% |
| Aug 3, 2018 | $0.14 | 0.74% |
| May 4, 2018 | $0.14 | 0.62% |
| Feb 9, 2018 | $0.12 | 0.61% |
| Nov 3, 2017 | $0.1 | 0.62% |
| Aug 3, 2017 | $0.1 | 0.65% |
| May 4, 2017 | $0.1 | 0.63% |
| Feb 2, 2017 | $0.1 | 0.58% |
| Nov 3, 2016 | $0.1 | 0.73% |
| Aug 4, 2016 | $0.08 | 0.78% |
| May 5, 2016 | $0.08 | 0.94% |
| Feb 4, 2016 | $0.08 | 1.1% |
| Nov 5, 2015 | $0.08 | 0.77% |
| Aug 6, 2015 | $0.08 | 0.67% |
| May 13, 2015 | $0.08 | 0.72% |
| Feb 12, 2015 | $0.08 | 0.67% |
Independent Bank Group dividend payouts
Total amount of dividends paid per financial year (from cash flow)
IBTX dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SBSI Southside Bancshares Inc | 4.12% | $1.44 | 52% |
| PB Prosperity Bancshares Inc | 2.72% | $2.24 | 47.7% |
| IBTX Independent Bank Group Inc | 2.35% | $1.52 | N/A |
| CFR Cullen/Frost Bankers Inc | 2% | $2.79 | 34.6% |
| IBOC International Bancshares Corp | 1.84% | $1.32 | 20.5% |
| FFIN First Financial Bankshares Inc | 1.74% | $0.72 | 49.7% |
Frequently asked questions
Does Independent Bank Group pay a dividend?
Yes, Independent Bank Group has been paying dividends for the last 11 years.
When was IBTX's last dividend?
Independent Bank Group's last regular dividend was on Oct 31, 2024 (ex-date) with the amount of $0.38 per share.
How much dividend does Independent Bank Group pay (per share)?
IBTX has paid dividend of $1.52 per share in the last year.
What is Independent Bank Group's dividend yield?
The current dividend yield of Independent Bank Group is 2.35%.
How often does Independent Bank Group pay dividends?
Independent Bank Group pays four dividends per year.
Does Independent Bank Group pay a good dividend?
Independent Bank Group's dividend yield is less than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.