International Bancshares Corporation Announces 27% Increase in Cash Dividend
2018年9月28日 - 4:33AM
ビジネスワイヤ(英語)
International Bancshares Corporation (“IBC”), a multi-bank
financial holding company, (NASDAQ: IBOC) announced today that its
Board of Directors approved the declaration of a 42 cents
per share cash dividend for shareholders of record of Common Stock,
$1.00 par value, as of the close of business on October 9, 2018,
payable on October 16, 2018. This is an increase of 9 cents,
or 27%, per share from the previous dividend of 33
cents per share.
“This significant increase in the cash dividend was made
possible because of our company’s strong earnings performance
augmented by the benefits of the recent tax cut, and the very
strong capital position of the company,” said Dennis E. Nixon,
President and CEO of IBC.
IBC (NASDAQ:IBOC - News) is a multi-bank financial holding
company with approximately $12 billion in assets headquartered in
Laredo, Texas, with 188 facilities and 291 ATMs serving 90
communities in Texas and Oklahoma.
“Safe Harbor” statement under the Private Securities Litigation
Reform Act of 1995: The statements contained in this release which
are not historical facts contain forward-looking information with
respect to future developments or events, expectations, plans,
projections or future performance of IBC and its subsidiaries, the
occurrence of which involve certain risks and uncertainties,
including those detailed in IBC’s filings with the Securities and
Exchange Commission.
Copies of IBC’s SEC filings and Annual Report (as an exhibit to
the 10-K) may be downloaded from the SEC filings site located at
http://www.sec.gov/edgar.shtml or IBC’s website at
http://www.ibc.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20180927005865/en/
International Bancshares CorporationJudith Wawroski,
956-722-7611 (Laredo)Treasurer
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