Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank that offers commercial and consumer banking services in Texas. It operates in two segments, Banking and Frost Wealth Advisors. The company offers commercial banking services to corporations and other business clients, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; commercial leasing; and treasury management services. It also provides consumer banking services, such as checking accounts, savings programs, automated-teller machines (ATMs), overdraft facilities, installment and real estate loans, home equity loans and lines of credit, drive-in and night deposit services, safe deposit facilities, and brokerage services. In addition, the company offers international banking services comprising deposits, loans, letters of credit, foreign collections, funds, and foreign exchange services. Further, it acts as a correspondent for approximately 171 financial institutions; offers trust, investment, agency, and custodial services for individual and corporate clients; provides capital market services that include sales and trading, new issue underwriting, money market trading, advisory, and securities safekeeping and clearance; and supports international business activities. Additionally, the company offers insurance and securities brokerage services; and holds securities for investment purposes, as well as investment management services to Frost-managed mutual funds, institutions, and individuals. It operates approximately 157 financial centers and 1,650 ATMs. The company serves energy, manufacturing, services, construction, retail, telecommunications, healthcare, military, and transportation industries. Cullen/Frost Bankers, Inc. was founded in 1868 and is headquartered in San Antonio, Texas.
Cullen/Frost Bankers Dividend Announcement
• Cullen/Frost Bankers announced a quarterly dividend of $0.95 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-29
• Cullen/Frost Bankers annual dividend for 2024 was $3.74
• Cullen/Frost Bankers annual dividend for 2023 was $3.58
• Cullen/Frost Bankers's trailing twelve-month (TTM) dividend yield is 2.58%
• Cullen/Frost Bankers's payout ratio for the trailing twelve months (TTM) is 46.66%
• Cullen/Frost Bankers's dividend growth over the last five years (2018-2023) was 6.77% year
• Cullen/Frost Bankers's dividend growth over the last ten years (2013-2023) was 6.10% year
Cullen/Frost Bankers Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-29 | $0.95 | quarterly | 2024-12-13 |
| 2024-08-30 | $0.95 | quarterly | 2024-09-13 |
| 2024-05-31 | $0.92 | quarterly | 2024-06-14 |
| 2024-02-28 | $0.92 | quarterly | 2024-03-15 |
| 2023-11-29 | $0.92 | quarterly | 2023-12-15 |
| 2023-08-30 | $0.92 | quarterly | 2023-09-15 |
| 2023-05-30 | $0.87 | quarterly | 2023-06-15 |
| 2023-02-27 | $0.87 | quarterly | 2023-03-15 |
| 2022-11-29 | $0.87 | quarterly | 2022-12-15 |
| 2022-08-30 | $0.87 | quarterly | 2022-09-15 |
| 2022-05-27 | $0.75 | quarterly | 2022-06-15 |
| 2022-02-25 | $0.75 | quarterly | 2022-03-15 |
| 2021-11-29 | $0.75 | quarterly | 2021-12-15 |
| 2021-08-30 | $0.75 | quarterly | 2021-09-15 |
| 2021-05-27 | $0.72 | quarterly | 2021-06-15 |
| 2021-02-25 | $0.72 | quarterly | 2021-03-15 |
| 2020-11-27 | $0.72 | quarterly | 2020-12-15 |
| 2020-08-28 | $0.71 | quarterly | 2020-09-15 |
| 2020-05-28 | $0.71 | quarterly | 2020-06-15 |
| 2020-02-27 | $0.71 | quarterly | 2020-03-13 |
| 2019-11-27 | $0.71 | quarterly | 2019-12-13 |
| 2019-08-29 | $0.71 | quarterly | 2019-09-13 |
| 2019-05-30 | $0.71 | quarterly | 2019-06-14 |
| 2019-02-27 | $0.67 | quarterly | 2019-03-15 |
| 2018-11-29 | $0.67 | quarterly | 2018-12-14 |
| 2018-08-30 | $0.67 | quarterly | 2018-09-14 |
| 2018-05-30 | $0.67 | quarterly | 2018-06-15 |
| 2018-02-27 | $0.57 | quarterly | 2018-03-15 |
| 2017-11-29 | $0.57 | quarterly | 2017-12-15 |
| 2017-08-29 | $0.57 | quarterly | 2017-09-15 |
| 2017-05-26 | $0.57 | quarterly | 2017-06-15 |
| 2017-02-24 | $0.54 | quarterly | 2017-03-15 |
| 2016-11-28 | $0.54 | quarterly | 2016-12-15 |
| 2016-08-29 | $0.54 | quarterly | 2016-09-15 |
| 2016-05-26 | $0.54 | quarterly | 2016-06-15 |
| 2016-02-25 | $0.53 | quarterly | 2016-03-15 |
| 2015-11-25 | $0.53 | quarterly | 2015-12-15 |
| 2015-08-27 | $0.53 | quarterly | 2015-09-15 |
| 2015-05-27 | $0.53 | quarterly | 2015-06-15 |
| 2015-02-25 | $0.51 | quarterly | 2015-03-13 |
| 2014-11-25 | $0.51 | quarterly | 2014-12-15 |
| 2014-08-27 | $0.51 | quarterly | 2014-09-15 |
| 2014-05-28 | $0.51 | quarterly | 2014-06-13 |
| 2014-02-26 | $0.50 | quarterly | 2014-03-14 |
| 2013-11-26 | $0.50 | quarterly | 2013-12-13 |
| 2013-08-28 | $0.50 | quarterly | 2013-09-13 |
| 2013-05-29 | $0.50 | quarterly | 2013-06-14 |
| 2013-02-27 | $0.48 | quarterly | 2013-03-15 |
Cullen/Frost Bankers Dividend per year
Cullen/Frost Bankers Dividend growth
Cullen/Frost Bankers Dividend Yield
Cullen/Frost Bankers current trailing twelve-month (TTM) dividend yield is 2.58%. Interested in purchasing Cullen/Frost Bankers stock? Use our calculator to estimate your expected dividend yield:
Cullen/Frost Bankers Financial Ratios
P/E ratio17.36
PEG ratio5.69
P/B ratio2.23
ROE13.99%
Payout ratio46.66%
Current ratio0.54
Quick ratio0.54
Cash Ratio0.31
Cullen/Frost Bankers Dividend FAQ
How much is the next Cullen/Frost Bankers dividend?
Cullen/Frost Bankers's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Cullen/Frost Bankers dividend. The next Cullen/Frost Bankers dividend will be released in February, May, August, or November.
When is Cullen/Frost Bankers dividend paid?
Cullen/Frost Bankers pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Cullen/Frost Bankers pay?
The specific amount of Cullen/Frost Bankers dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Cullen/Frost Bankers's dividend history.
Does Cullen/Frost Bankers stock pay dividends?
Yes, Cullen/Frost Bankers does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Cullen/Frost Bankers's dividend history.
How much dividend does Cullen/Frost Bankers pay?
Cullen/Frost Bankers paid $3.74 in 2024, $3.58 in 2023, $3.24 in 2022, $2.94 in 2021, and $2.85 in 2020.
How often does Cullen/Frost Bankers pay dividends?
Cullen/Frost Bankers typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Cullen/Frost Bankers's dividend yield?
The current dividend yield for Cullen/Frost Bankers is 2.58%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Cullen/Frost Bankers's exact dividend yield.
When does Cullen/Frost Bankers go ex dividend?
Cullen/Frost Bankers's ex-dividend date for the latest dividend was on 2024-11-29. Cullen/Frost Bankers typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Cullen/Frost Bankers dividend paid?
Cullen/Frost Bankers pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Cullen/Frost Bankers increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Cullen/Frost Bankers will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Cullen/Frost Bankers dividend per share?
Cullen/Frost Bankers paid $3.74 per share in 2024 and $3.58 per share in 2023. The amount of dividend per share that Cullen/Frost Bankers pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Cullen/Frost Bankers a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Cullen/Frost Bankers a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Cullen/Frost Bankers a dividend stock?
Yes, Cullen/Frost Bankers is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Cullen/Frost Bankers a good dividend stock?
Whether Cullen/Frost Bankers is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Cullen/Frost Bankers has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Cullen/Frost Bankers as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Cullen/Frost Bankers as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Cullen/Frost Bankers pay dividends monthly?
Cullen/Frost Bankers typically pays dividends on a quarterly basis.
Does Cullen/Frost Bankers pay dividends quarterly?
Cullen/Frost Bankers currently pays dividends on a quarterly basis.
Has Cullen/Frost Bankers ever paid a dividend?
Yes, Cullen/Frost Bankers has a history of paying dividends to its shareholders. Cullen/Frost Bankers is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Cullen/Frost Bankers dividend stocks?
To buy Cullen/Frost Bankers you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Cullen/Frost Bankers stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Cullen/Frost Bankers stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Cullen/Frost Bankers pay dividends 2024?
Cullen/Frost Bankers pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-13. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Cullen/Frost Bankers increase its dividend in 2024?
Decisions regarding Cullen/Frost Bankers dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Cullen/Frost Bankers dividend overview you can look into the above table of dividend history.
How Cullen/Frost Bankers dividend works?
The Cullen/Frost Bankers dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Cullen/Frost Bankers's dividend process works:
1. Determination of Dividend: Cullen/Frost Bankers's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Cullen/Frost Bankers publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Cullen/Frost Bankers distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Cullen/Frost Bankers are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Cullen/Frost Bankers's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Cullen/Frost Bankers publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Cullen/Frost Bankers distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Cullen/Frost Bankers are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Cullen/Frost Bankers dividends paid?
Cullen/Frost Bankers dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Cullen/Frost Bankers sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Cullen/Frost Bankers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cullen/Frost Bankers declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Cullen/Frost Bankers sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Cullen/Frost Bankers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cullen/Frost Bankers declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Cullen/Frost Bankers pay dividends?
Cullen/Frost Bankers typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Cullen/Frost Bankers pay dividends?
The general pattern is that Cullen/Frost Bankers pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Cullen/Frost Bankers dividend safe?
The safety of Cullen/Frost Bankers's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Cullen/Frost Bankers's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Cullen/Frost Bankers's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Cullen/Frost Bankers's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Cullen/Frost Bankers's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.