International Bancshares Corporation Announces 10 Percent Increase in Cash Dividend
2019年9月17日 - 1:44AM
ビジネスワイヤ(英語)
International Bancshares Corporation (“IBC”) announced today
that on Sept. 13, 2019, IBC’s Board of Directors approved the
declaration of a .55 cents per share cash dividend,
increasing the dividend by .05 cents or 10 percent per share
from the previous dividend of .50 cents for shareholders of record
of Common Stock, $1.00 par value, as of the close of business on
Sept. 30, 2019, payable on Oct. 15, 2019.
“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 company’s
very strong capital position,” said Dennis E. Nixon, President and
CEO of IBC.
IBC (NASDAQ:IBOC) is a multi-bank financial holding company
headquartered in Laredo, Texas, with over $12.1 billion in total
assets and 189 facilities and 286 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 plans, projections or future performance of IBC and its
subsidiaries, the occurrence of which involve certain risks and
uncertainties 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/20190916005730/en/
Judith Wawroski, Treasurer and Principal Financial Officer
International Bancshares Corporation (956) 722-7611
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