dividend
confidence high
sentiment positive
materiality 0.50
International Bancshares declares $0.60/share cash dividend, 9% increase
INTERNATIONAL BANCSHARES CORP
- Cash dividend of $0.60 per share, a 9% increase (up $0.05) over prior dividend.
- Record date August 20, 2021; payable September 3, 2021.
- Dividend declared early in lieu of the typical October discretionary dividend.
- CEO cites strong financial performance, Tax Cuts and Jobs Act benefits, and strong capital position.