International Bancshares (IBOC) Raises Quarterly Dividend 19% to $0.50; 4.9% Yield

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Go back to International Bancshares (IBOC) Raises Quarterly Dividend 19% to $0.50; 4.9% Yield

International Bancshares Corporation Announces 19 Percent Increase in Cash Dividend

March 18, 2019 12:00 PM EDT

LAREDO, Texas--(BUSINESS WIRE)-- International Bancshares Corporation (IBC) announced today that on March 15, 2019, IBCs Board of Directors approved the declaration of a 50 cents per share cash dividend, increasing the dividend by 8 cents or 19 percent from the previous cash dividend of 42 cents paid on October 16, 2018. This significant increase follows a 27 percent increase in the cash dividend paid in October 2018 from the 33 cents per share paid in April 2018. This cash dividend... More