International Bancshares (IBOC) Raises Quarterly Dividend 6.5% to $0.33; 3.5% Yield

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Go back to International Bancshares (IBOC) Raises Quarterly Dividend 6.5% to $0.33; 3.5% Yield

International Bancshares Corporation Announces Increase in Cash Dividend

March 20, 2017 1:04 PM EDT

LAREDO, Texas--(BUSINESS WIRE)-- International Bancshares Corporation (IBC) (NASDAQ: IBOC), today announced that on March 17, 2017, its Board of Directors approved the declaration of a thirty-three cents per share cash dividend for shareholders of record as of the close of business on April 3, 2017, payable on April 17, 2017.

This cash dividend, which reflects an increase of 6.5% over IBCs most recent cash dividend,... More