Cullen/Frost Bankers (CFR) Raises Quarterly Dividend 3.9% to $0.53; 2.9% Yield

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Cullen/Frost Bankers Increases Quarterly Common Cash Dividend By Two Cents, Also Announces Stock Repurchase Plan

April 30, 2015 4:32 PM EDT

SAN ANTONIO, April 30, 2015 /PRNewswire/ -- The Cullen/Frost Bankers, Inc. board of directors today declared a second quarter cash dividend of $.53 per common share, a two-cent increase from the previous dividend of $.51 per common share.  The dividend is payable June 15, 2015 to shareholders of record on May 29 of this year.

"We are pleased to announce a two-cent per share increase in our cash dividend and... More