International Bancshares (IBOC) Raises Quarterly Dividend 9.1% to $0.60; 5.7% Yield

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International Bancshares Corporation Announces Cash Dividend Increase

August 9, 2021 10:59 AM EDT

LAREDO, Texas--(BUSINESS WIRE)-- International Bancshares Corporation (IBC) announced today that on Aug. 3, 2021, IBCs Board of Directors approved the declaration of a .60 cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on Aug. 20, 2021, payable on Sept. 3, 2021, in lieu of the discretionary dividend that IBC has historically paid in October. This dividend is a 9%, or... More