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CFR Cullen/Frost Bankers dividend history, payout ratio & dates

Cullen/Frost Bankers's latest cash dividend of $0.95 per share was issued to shareholders on record before Aug 30, 2024. The dividend distribution stands at $2.79 per share annually, which comes to a dividend yield of 2.15%. The latest CFR dividend of $0.95 is an increase from the previous $0.92 payout, representing a growth of 3.3%.

Key dates

  • CFR last dividend date: Aug 30, 2024
CFR dividend stats
DPS
$2.79
Dividend yield
2.12%
Payout ratio
34%
vs. Financial Services sector
Dividend yield
2.78%
Payout ratio
43.2%

Dividend yield

What is Cullen/Frost Bankers current dividend yield

CFR has a dividend yield of 2.15% which is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.78%, Cullen/Frost Bankers's dividend yield is 23% lower. The current dividend yield is below the historical average of 2.8% of the last 5 years.

Dividend history

What is CFR dividend payout history and dates

Cullen/Frost Bankers has been paying dividends for the last 30 years. Our records show that CFR has distributed three dividends in the past year. The annualized dividend per share has a decrease of 21% since twelve months ago. And with the price of the stock up by 45% from a year ago, the dividend yield has a decrease of 45%.

Recent dividends

Ex-date Amount Yield (TTM)
Aug 30, 2024 $0.95 2.49%
May 31, 2024 $0.92 2.72%
Feb 28, 2024 $0.92 2.54%
Aug 30, 2023 $0.92 3.72%
May 30, 2023 $0.87 3.34%
Feb 27, 2023 $0.87 2.55%
Nov 29, 2022 $0.87 2.23%
Aug 30, 2022 $0.87 2.39%
May 27, 2022 $0.75 2.39%
Feb 25, 2022 $0.75 2.12%
Nov 29, 2021 $0.75 2.26%
Aug 30, 2021 $0.75 2.57%
May 27, 2021 $0.72 2.38%
Feb 25, 2021 $0.72 2.68%
Nov 27, 2020 $0.72 3.27%
Aug 28, 2020 $0.71 4%
May 28, 2020 $0.71 3.71%
Feb 27, 2020 $0.71 3.43%
Nov 27, 2019 $0.71 2.99%
Aug 29, 2019 $0.71 3.36%
May 30, 2019 $0.71 2.92%
Feb 27, 2019 $0.67 2.58%
Nov 29, 2018 $0.67 2.6%
Aug 30, 2018 $0.67 2.22%
May 30, 2018 $0.67 2.06%
Feb 27, 2018 $0.57 2.16%
Nov 29, 2017 $0.57 2.23%
Aug 29, 2017 $0.57 2.66%
May 26, 2017 $0.57 2.37%
Feb 24, 2017 $0.54 2.33%
Nov 28, 2016 $0.54 2.66%
Aug 29, 2016 $0.54 2.96%
May 26, 2016 $0.54 3.22%
Feb 25, 2016 $0.53 4.39%
Nov 25, 2015 $0.53 3.01%
Aug 27, 2015 $0.53 3.27%
May 27, 2015 $0.53 2.78%
Feb 25, 2015 $0.51 2.97%

Cullen/Frost Bankers dividend payout ratio

What is Cullen/Frost Bankers dividend payout ratio compared to the sector

Payout ratio

CFR has a payout ratio of 34% 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 43.2%, Cullen/Frost Bankers's payout ratio is 21% lower.

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

CFR dividend vs peer dividends

How does CFR dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
SBSI Southside Bancshares Inc 4.32% $1.43 51.6%
PB Prosperity Bancshares Inc 3.01% $2.24 49.1%
IBTX Independent Bank Group Inc 2.53% $1.52 N/A
CFR Cullen/Frost Bankers Inc 2.12% $2.79 34%
IBOC International Bancshares Corp 2.08% $1.32 20.3%
BOKF Bok Financial Corp 2.04% $2.2 30.8%
FFIN First Financial Bankshares Inc 1.96% $0.72 51.1%

Frequently asked questions

Does Cullen/Frost Bankers pay a dividend?

Yes, Cullen/Frost Bankers has been paying dividends for the last 30 years.

When was CFR's last dividend?

Cullen/Frost Bankers's last regular dividend was on Aug 30, 2024 (ex-date) with the amount of $0.95 per share.

How much dividend does Cullen/Frost Bankers pay (per share)?

CFR's annualized dividend per share is $2.79.

What is Cullen/Frost Bankers's dividend yield?

The current dividend yield of Cullen/Frost Bankers is 2.15%.

What is Cullen/Frost Bankers's dividend payout ratio?

Cullen/Frost Bankers's dividend payout ratio is 34%.

Does Cullen/Frost Bankers pay a good dividend?

Cullen/Frost Bankers's dividend yield is below the Financial Services sector average.

Special dividends are included in TTM DPS and yield. Data from and Sharadar.