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International Bancshares announces 6% increase in cash dividend to 70c per share

International Bancshares (IBOC) announced that on Jan. 31, 2025, IBC’s Board of Directors approved the declaration of a 70c cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on Feb. 14, 2025, payable on Feb. 28, 2025. This is an increase of 6% per share from the previous cash dividend. “This discretionary cash dividend was made possible because of our company’s continued record of superior financial results. Adding to this powerful performance is our exceptionally strong capital position, significant liquidity and more than fifty-eight years of positive earnings. We remain committed to continuing to manage our company responsibly to position us for continued success, and to enhance the value of our company for our shareholders,” said Dennis E. Nixon, president and chairman of the board of IBC.

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