International Bancshares Corporation Announces 19 Percent Increase in Cash Dividend
2019年3月19日 - 1:00AM
ビジネスワイヤ(英語)
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:IBOC - News) is a multi-bank financial holding
company with approximately $11.9 billion in assets headquartered in
Laredo, Texas, with 189 facilities and more than 287 ATMs serving
89 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/20190318005562/en/
Judith WawroskiTreasurer and Principal Financial
OfficerInternational Bancshares Corporation(956) 722-7611
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