secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL BANCSHARES CORP (IBOC)
CIK:        0000315709
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0001104659-24-009267
Event type: dividend
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IBC increases semi-annual dividend by 4.76% to $0.66/share
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315709/000110465924009267/0001104659-24-009267-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315709/000110465924009267/tm244761d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-009267

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer