International Bancshares (IBOC) Raises Quarterly Dividend 6.9% to $0.31; 4.2% Yield

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International Bancshares Corporation Announces Significant Increase in Cash Dividend

September 19, 2016 11:45 AM EDT

LAREDO, Texas--(BUSINESS WIRE)-- International Bancshares Corporation (IBC) announced today that on September 15, 2016, IBCs Board of Directors approved the declaration of a thirty-one cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on September 30, 2016, payable on October 17, 2016. This cash dividend, which reflects an increase of 7% per share over IBCs most recent cash... More