By Chris Wack
International Bancshares said Monday its board of directors approved a 6% increase to its semiannual cash dividend.
The financial holding company, which has 166 facilities and 256 ATMs in Texas and Oklahoma, raised it new dividend to 70 cents a share from 66 cents for shareholders of record as of Feb. 14.
The new payout, which equates to $1.40 a share per year, is payable on Feb. 28, and represents an annual yield of about 2.2%.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
February 03, 2025 13:06 ET (18:06 GMT)
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