
International Bancshares Corporation
IBOCFinancial Services · Banks - Regional · Stock · semiannual payer
Forward Yield
2.17%
Annual Dividend
$1.46
Payout Ratio
22%
5-Yr Growth
4.9%
Ex-Date
Aug 14, 2026
Frequency
Semiannual
Key facts about IBOC's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, International Bancshares Corporation (IBOC) has a forward dividend yield of 2.17%, based on an annual dividend of $1.46 per share and a share price of $67.34.
- As of Oct 18, 2026, IBOC's dividend safety grade from SmarterDividends is A (90 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, International Bancshares Corporation (IBOC) has raised its dividend for 16 consecutive years as of Oct 18, 2026.
- IBOC last cut its regular dividend in 2009.
- IBOC's most recent ex-dividend date was Aug 14, 2026, for a dividend of $0.73 per share.
- As of Oct 18, 2026, IBOC pays out 22% of its trailing 12-month earnings as dividends (its payout ratio).
- IBOC's dividend has grown at an average rate of 4.9% a year over the past five years.
- As of Oct 18, 2026, IBOC's 2.17% yield is 13% below its five-year average yield of 2.50%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for IBOC is $84.12 per share, 25% above the $67.34 share price, so IBOC screens as undervalued.
- International Bancshares Corporation (IBOC) pays its dividend semiannual, 2 times a year.
Cite this page
SmarterDividends, "IBOC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/IBOC
Summary
As of Oct 18, 2026, International Bancshares Corporation (IBOC) yields 2.17% ($1.46 a year per share), has a dividend safety grade of A (90/100) and has 16 consecutive years of dividend increases on record.
Is IBOC a good dividend stock?
YesInternational Bancshares Corporation (IBOC) pays a semiannual dividend yielding 2.17% ($1.46/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 16 consecutive years of dividend growth
- Comfortable payout ratio (22%)
- 60% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 2009
Key Data
- Dividend Yield
- 2.17%
- Payout Ratio
- 22%
- Annual Dividend
- $1.46
- 5-Yr Avg Growth
- 4.9%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 16
- Frequency
- semiannual
- Beta
- 0.70
- Market Cap
- $4.2B
- P/E Ratio
- 10.2
- 5-Yr Total Return
- 60%
- 52-Week Range
- $63.20 – $78.46
- Dividend Safety
- A · 90/100
- Ever Cut?
- Yes (2009)
IBOC dividend changes
International Bancshares Corporation (IBOC) pays a variable dividend: across the 58 payments on record since 1996, 39 were higher than the one before and 2 lower. The latest change was up 4.3% to $0.730 per share, going ex-dividend on Aug 14, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Aug 14, 2026 | Higher | $0.700 → $0.730 | +4.3% |
| Feb 13, 2026 | Higher | $0.700 → $0.730 | +4.3% |
| Aug 15, 2025 | Higher | $0.660 → $0.700 | +6.1% |
| Feb 14, 2025 | Higher | $0.660 → $0.700 | +6.1% |
| Aug 14, 2024 | Higher | $0.630 → $0.660 | +4.8% |
| Feb 14, 2024 | Higher | $0.630 → $0.660 | +4.8% |
| Aug 10, 2023 | Higher | $0.600 → $0.630 | +5.0% |
| Feb 14, 2023 | Higher | $0.600 → $0.630 | +5.0% |
| Feb 14, 2022 | Higher | $0.550 → $0.600 | +9.1% |
| Aug 19, 2021 | Higher | $0.550 → $0.600 | +9.1% |
| Mar 31, 2020 | Higher | $0.500 → $0.550 | +10.0% |
| Sep 27, 2019 | Higher | $0.420 → $0.550 | +31.0% |
Frequently Asked Questions
Is IBOC a good dividend stock?
Yes. International Bancshares Corporation (IBOC) pays a semiannual dividend yielding 2.17% ($1.46/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is IBOC undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, IBOC's fair value is about $84.12 versus a $67.34 share price — so it looks undervalued (+25% vs. fair value).
Is IBOC's dividend safe?
IBOC has a dividend-safety grade of A (90/100), based on its payout coverage, free-cash-flow, 16-year growth streak, a dividend cut in 2009, debt and yield-versus-history.
What is IBOC's fair value?
Our blended fair-value estimate for IBOC is about $84.12 per share, roughly 25% above the current $67.34 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is IBOC a buy, hold, or sell?
We don't issue formal ratings, but on the data IBOC screens as "yes" and undervalued. International Bancshares Corporation (IBOC) pays a semiannual dividend yielding 2.17% ($1.46/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will IBOC cut its dividend?
IBOC earns a dividend-safety grade of A (90/100), and has cut its dividend before (last in 2009). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does IBOC pay a dividend?
Yes. International Bancshares Corporation pays a semiannual dividend of about $1.46 per share annually, a forward yield of roughly 2.17%.
What is IBOC's dividend yield?
As of Oct 18, 2026, IBOC's forward dividend yield is 2.17%, based on a $1.46 annual dividend and a $67.34 share price.
What is IBOC's dividend per share?
As of Oct 18, 2026, IBOC pays $1.46 per share per year, distributed on a semiannual basis.
What is IBOC's dividend payout ratio?
As of Oct 18, 2026, IBOC's payout ratio is 22% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has IBOC grown its dividend?
As of Oct 18, 2026, IBOC has increased its dividend for 16 consecutive years.
When is the next IBOC ex-dividend date?
As of Oct 18, 2026, IBOC's next ex-dividend date hasn't been announced. The most recent was Aug 14, 2026, for $0.73 per share.
IBOC Price — Last 12 Months
Daily close
Price Return
1 Year
+1%
3 Years
+50%
5 Years
+60%
52-Week Range
$63.20 – $78.46
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is IBOC worth?
Undervaluedlow confidenceOur blended fair-value estimate for International Bancshares Corporation is $84.12 per share, versus a market price of $67.34. That implies 25% of upside — a margin of safety of about 20%.
Fair Value
$84.12
Current Price
$67.34
Upside
+25%
Margin of Safety
20%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 7.4% growth for five years fading to 2.5% over the next five, $6.63 EPS, $1.46 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
IBOC Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full IBOC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | Aug 28, 2026 | $0.7300 | regular |
| Feb 13, 2026 | Feb 27, 2026 | $0.7300 | regular |
| Aug 15, 2025 | Aug 29, 2025 | $0.7000 | regular |
| Feb 14, 2025 | Feb 28, 2025 | $0.7000 | regular |
| Aug 14, 2024 | Aug 28, 2024 | $0.6600 | regular |
| Feb 14, 2024 | Feb 28, 2024 | $0.6600 | regular |
| Aug 10, 2023 | Aug 25, 2023 | $0.6300 | regular |
| Feb 14, 2023 | Feb 28, 2023 | $0.6300 | regular |
| Aug 15, 2022 | Aug 29, 2022 | $0.6000 | regular |
| Feb 14, 2022 | Feb 28, 2022 | $0.6000 | regular |
| Aug 19, 2021 | Sep 3, 2021 | $0.6000 | regular |
| Feb 4, 2021 | Feb 17, 2021 | $0.5500 | regular |
| Sep 18, 2020 | Oct 5, 2020 | $0.5500 | regular |
| Mar 31, 2020 | Apr 3, 2020 | $0.5500 | regular |
Income Calculator
At $1.46 / yr per share
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