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Stock impact report

International Bancshares Corporation Announces 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”) (NASDAQ:IBOC), today announced that on March 16, 2018, its Board of Directors approved the declaration of a thirty-three cents per share cash dividend for shareholders of record as of the close of business on April 2, 2018, payable on April 16, 2018. “This cash dividend was made possible because of the Company’s strong capital position, proven track record of success and continuing to achieve superior earnings,” said Dennis E. Nixon, President and CEO of IBC. It is the inclination of the Board to continue to declare semiannual cash dividends. However, any declaration of future cash dividends will depend upon IBC’s financial position, strategic plans, and general business conditions at the time. IBC is a multi-bank financial holding company headquartered in Laredo, Texas, with $12.2 billion in total assets, 192 facilitie Show less Read more
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