Cullen/frost Bankers dividend – Cullen/Frost Bankers Declares 0.87 Cash Dividend

🌥️Dividends Yield

On May 25 2023, Cullen/Frost Bankers Inc. Declared a 0.87 Cash Dividend. If you’re in the market for a dividend stock, CULLEN/FROST BANKERS ($NYSE:CFR) may be a great option with an average yield of 2.47%. Over the past three years, they have issued annual dividends per share of 3.36 USD, 3.24 USD and 2.94 USD, respectively, with yields of 2.46%, 2.36%, and 2.59%. On May 30 2023, their ex-dividend date will be announced, so any investors who buy the stock before this date will not be eligible to receive the dividend.

CULLEN/FROST BANKERS has a long and reliable history of providing dividends to its shareholders, and this latest dividend is no exception. With an average dividend yield of 2.47%, shareholders can rest assured knowing that their investments are safe and secure. The company’s commitment to delivering consistent dividends is one of the reasons why CULLEN/FROST BANKERS remains an attractive investment option for those who are looking for an income stream.

Stock Price

At the market opening, CULLEN/FROST Bankers stock was trading at $102.2 and closed the day at $104.6, a 1.6% increase from its previous closing price of 103.0. This dividend is the latest in a long line of positive news from the company and is sure to further boost investor confidence in CULLEN/FROST Bankers. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Cullen/frost Bankers. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Cullen/frost Bankers. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Cullen/frost Bankers. More…

Key Ratios Snapshot

Some of the financial key ratios for Cullen/frost Bankers are shown below. More…

Analysis – Cullen/frost Bankers Intrinsic Stock Value

We have conducted an analysis of CULLEN/FROST BANKERS‘ financials and have calculated the fair value of their share to be around $141.9. This valuation was determined by our proprietary Valuation Line. At the time of writing, CULLEN/FROST BANKERS stock is trading at $104.6, which represents an undervaluation of 26.3%. More…

Peers

Cullen/Frost Bankers Inc faces stiff competition from its rivals South Plains Financial Inc, Amfin Financial Corp, and Financial Institutions Inc. Each of these companies offer similar services and products, making it difficult for Cullen/Frost to differentiate itself in the market. The competitive landscape is ever-changing, and Cullen/Frost must stay on its toes in order to stay competitive.

– South Plains Financial Inc ($NASDAQ:SPFI)

South Plains Financial Inc is a bank holding company based in Lubbock, Texas, with a market cap of 502.01M as of 2022. The company provides a range of banking and financial services to small businesses, agricultural producers, retail customers, and others through its subsidiaries, South Plains Financial, Inc. and South Plains Bank N.A. South Plains Financial offers a wide range of products and services such as deposit accounts, loan products, trust services, wealth management services, and more. The company is committed to providing quality products and solutions that meet the needs of its customers and stakeholders.

– Amfin Financial Corp ($OTCPK:AFNL)

Financial Institutions Inc. has a market cap of $373.71M as of 2022. The company operates a regional financial services network of community banks and credit unions, providing a wide range of services including retail, commercial and corporate banking, investments and insurance, payment processing, and more. Financial Institutions Inc. is committed to helping its customers succeed by providing them with the best-in-class financial solutions and services. With a strong focus on customer service, Financial Institutions Inc. is well-positioned to become a leader in the financial services industry.

Summary

CULLEN/FROST BANKERS is a dividend stock that presents an attractive investment opportunity for those looking for consistent returns. The average yield offered by the stock over the last three years is 2.47%. In the past three years, the company has paid out dividends per share of 3.36 USD, 3.24 USD, and 2.94 USD, respectively.

This is representative of a yield of 2.46%, 2.36%, and 2.59%. This steady and attractive payout makes CULLEN/FROST BANKERS a viable option for investors looking for steady dividend yields.