dividend
confidence high
sentiment positive
materiality 0.60
IBC increases semi-annual dividend by 4.76% to $0.66/share
INTERNATIONAL BANCSHARES CORP
- New dividend of $0.66 per share, payable Feb. 28, 2024 to shareholders of record Feb. 15, 2024.
- Represents a 4.76% increase ($0.03 per share) over previous dividend paid Aug. 25, 2023.
- CEO Dennis Nixon cited strong capital position and 57+ years of positive earnings.
- IBC has $14.9B total assets, 168 facilities in Texas and Oklahoma.