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 Nov 29, 2024. The dividend distribution stands at $3.74 per share annually, which comes to a dividend yield of 2.66%.
Key dates
- CFR last dividend date: Nov 29, 2024
CFR dividend stats
vs. Financial Services sector
Dividend yield
CFR has a dividend yield of 2.66% which is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.85%, Cullen/Frost Bankers's dividend yield is 7% lower. The current dividend yield is below the historical average of 2.8% of the last 5 years.
Dividend history
Cullen/Frost Bankers has been paying dividends for the last 31 years. Our records show that CFR has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 6% since twelve months ago. However with the price of the stock up by 31% from a year ago, the dividend yield has a decrease of 19%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 29, 2024 | $0.95 | 2.66% |
| 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
Payout ratio
CFR has a payout ratio of 42.1% which is higher than its peers average but lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 46.2%, Cullen/Frost Bankers's payout ratio is 9% lower.
Total amount of dividends paid per financial year (from cash flow)
CFR dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SBSI Southside Bancshares Inc | 4.75% | $1.44 | 52% |
| PB Prosperity Bancshares Inc | 2.95% | $2.26 | 48.1% |
| CFR Cullen/Frost Bankers Inc | 2.66% | $3.74 | 42.1% |
| IBOC International Bancshares Corp | 2.13% | $1.36 | 21.1% |
| BOKF Bok Financial Corp | 2.07% | $2.24 | 27.5% |
| FFIN First Financial Bankshares Inc | 1.95% | $0.72 | 49.7% |
Frequently asked questions
Does Cullen/Frost Bankers pay a dividend?
Yes, Cullen/Frost Bankers has been paying dividends for the last 31 years.
When was CFR's last dividend?
Cullen/Frost Bankers's last regular dividend was on Nov 29, 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 $3.74.
What is Cullen/Frost Bankers's dividend yield?
The current dividend yield of Cullen/Frost Bankers is 2.66%.
How often does Cullen/Frost Bankers pay dividends?
Cullen/Frost Bankers pays four dividends per year.
What is Cullen/Frost Bankers's dividend payout ratio?
Cullen/Frost Bankers's dividend payout ratio is 42.1%.
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.