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
vs. Financial Services sector
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
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
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
| 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.