International Bancshares Corporation, a financial holding company, provides commercial and retail banking services. It accepts checking and saving deposits; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The company also provides international banking services, including letters of credit, commercial and industrial loans, and foreign exchange services. In addition, it offers other banking related services, such as credit cards, safety deposit boxes, collection, notary public, escrow, drive up and walk up facilities, and other customary banking services; and Internet banking services, as well as securities products through third party providers. As of February 28, 2022, the company had 170 branch facilities and 263 ATMs serving 76 communities in Texas and Oklahoma. International Bancshares Corporation was founded in 1966 and is headquartered in Laredo, Texas.
International Bancshares Dividend Announcement
• International Bancshares announced a semi annually dividend of $0.66 per ordinary share which will be made payable on 2024-08-28. Ex dividend date: 2024-08-14
• International Bancshares annual dividend for 2024 was $1.32
• International Bancshares annual dividend for 2023 was $1.26
• International Bancshares's trailing twelve-month (TTM) dividend yield is 1.87%
• International Bancshares's payout ratio for the trailing twelve months (TTM) is 20.49%
• International Bancshares's dividend growth over the last five years (2018-2023) was 10.93% year
• International Bancshares's dividend growth over the last ten years (2013-2023) was 11.35% year
International Bancshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-14 | $0.66 | semi annually | 2024-08-28 |
2024-02-14 | $0.66 | semi annually | 2024-02-28 |
2023-08-10 | $0.63 | semi annually | 2023-08-25 |
2023-02-14 | $0.63 | semi annually | 2023-02-28 |
2022-08-15 | $0.60 | semi annually | 2022-08-29 |
2022-02-14 | $0.60 | semi annually | 2022-02-28 |
2021-08-19 | $0.60 | semi annually | 2021-09-03 |
2021-02-04 | $0.55 | semi annually | 2021-02-17 |
2020-09-18 | $0.55 | semi annually | 2020-10-05 |
2020-03-31 | $0.55 | semi annually | 2020-04-03 |
2019-09-27 | $0.55 | semi annually | 2019-10-15 |
2019-03-29 | $0.50 | semi annually | 2019-04-15 |
2018-10-05 | $0.42 | semi annually | 2018-10-16 |
2018-03-29 | $0.33 | semi annually | 2018-04-16 |
2017-09-28 | $0.33 | semi annually | 2017-10-16 |
2017-03-30 | $0.33 | semi annually | 2017-04-17 |
2016-09-28 | $0.31 | semi annually | 2016-10-17 |
2016-03-30 | $0.29 | semi annually | 2016-04-18 |
2015-09-28 | $0.29 | semi annually | 2015-10-15 |
2015-03-30 | $0.29 | semi annually | 2015-04-17 |
2014-09-26 | $0.27 | semi annually | 2014-10-15 |
2014-03-28 | $0.25 | semi annually | 2014-04-18 |
2013-09-26 | $0.23 | semi annually | 2013-10-15 |
2013-03-27 | $0.20 | semi annually | 2013-04-19 |
International Bancshares Dividend per year
International Bancshares Dividend growth
International Bancshares Dividend Yield
International Bancshares current trailing twelve-month (TTM) dividend yield is 1.87%. Interested in purchasing International Bancshares stock? Use our calculator to estimate your expected dividend yield:
International Bancshares Financial Ratios
International Bancshares Dividend FAQ
Other factors to consider when evaluating International Bancshares 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.
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1. Determination of Dividend: International Bancshares'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, International Bancshares 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, International Bancshares 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 International Bancshares 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. Record Date: International Bancshares 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, International Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: International Bancshares 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.
To assess the safety of International Bancshares'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 International Bancshares'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.