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0.00122574306067308 0.000491279783836972 0 0.00196511913534754 0.00343895848685828 0.0085973962171457 0.00908867600098267 0.00933431589290107
Stock impact report

International Bancshares Corporation Announces 19 Percent Increase in Cash Dividend

International Bancshares Corporation (IBOC) 
US:NASDAQ Investor Relations: ibc.com/en-us/investors/pages/default.aspx
Company Research Source: Business Wire
LAREDO, Texas--(BUSINESS WIRE)-- International Bancshares Corporation (“IBC”) announced today that on March 15, 2019, IBC’s 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 will be paid to shareholders of record of Common Stock, $1.00 par value, as of the close of business on April 1, 2019, payable on April 15, 2019. “This increase in the cash dividend was made possible because of our company’s record earnings performance augmented by the benefits of the recent tax cut, and our company’s very strong capital position,” said Dennis E. Nixon, president and CEO of IBC Bank. IBC (NASDAQ:IB Show less Read more
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