International Bancshares Co. (IBOC) To Go Ex-Dividend on February 14th

International Bancshares Co. (NASDAQ:IBOC) announced a quarterly dividend on Friday, January 31st,RTT News reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.70 per share by the bank on Friday, February 28th. This represents a $2.80 annualized dividend and a yield of 4.17%. The ex-dividend date is Friday, February 14th. This is a positive change from International Bancshares’s previous quarterly dividend of $0.27.

International Bancshares has increased its dividend payment by an average of 4.7% per year over the last three years and has raised its dividend every year for the last 16 years.

International Bancshares Stock Up 1.3 %

Shares of IBOC opened at $67.10 on Wednesday. The stock’s 50-day moving average price is $66.28 and its 200-day moving average price is $64.49. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $4.17 billion, a price-to-earnings ratio of 10.44 and a beta of 0.93. International Bancshares has a 52 week low of $48.85 and a 52 week high of $76.91.

About International Bancshares

International Bancshares Corporation, a financial holding company, provides commercial and retail banking services in Texas and the State of Oklahoma. It accepts checking and saving deposits; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans.