Cullen/Frost Bankers, Inc.

NYSE:CFR Stock Report

Market Cap: US$6.7b

Cullen/Frost Bankers Dividend

Dividend criteria checks 5/6

Cullen/Frost Bankers is a dividend paying company with a current yield of 3.5% that is well covered by earnings. Next payment date is on 14th June, 2024 with an ex-dividend date of 31st May, 2024.

Key information

3.5%

Dividend yield

43%

Payout ratio

Industry average yield3.0%
Next dividend pay date14 Jun 24
Ex dividend date31 May 24
Dividend per sharen/a
Earnings per shareUS$8.45
Dividend yield forecast in 3Y4.0%

Recent dividend updates

Recent updates

Cullen/Frost Bankers: There Are Better Opportunities Out There At This Time

Feb 12

Cullen/Frost Bankers' (NYSE:CFR) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 23
Cullen/Frost Bankers' (NYSE:CFR) Shareholders Will Receive A Bigger Dividend Than Last Year

Cullen/Frost Looks Undervalued As Funding Cost Pressure Subsides

Nov 18

Cullen/Frost Bankers' (NYSE:CFR) Shareholders Will Receive A Bigger Dividend Than Last Year

Oct 29
Cullen/Frost Bankers' (NYSE:CFR) Shareholders Will Receive A Bigger Dividend Than Last Year

Cullen/Frost Bank: Phenomenal Buying Opportunity For This Quality Texas Bank

Sep 11

Cullen/Frost Bankers (NYSE:CFR) Is Increasing Its Dividend To $0.92

Aug 29
Cullen/Frost Bankers (NYSE:CFR) Is Increasing Its Dividend To $0.92

Cullen/Frost Bankers' (NYSE:CFR) Upcoming Dividend Will Be Larger Than Last Year's

Jul 31
Cullen/Frost Bankers' (NYSE:CFR) Upcoming Dividend Will Be Larger Than Last Year's

Here's Why We Think Cullen/Frost Bankers (NYSE:CFR) Might Deserve Your Attention Today

Jul 18
Here's Why We Think Cullen/Frost Bankers (NYSE:CFR) Might Deserve Your Attention Today

Holding On To Cullen/Frost Bankers, A Strong But Overvalued Texas Bank

Jul 03

Do Cullen/Frost Bankers' (NYSE:CFR) Earnings Warrant Your Attention?

Apr 10
Do Cullen/Frost Bankers' (NYSE:CFR) Earnings Warrant Your Attention?

Cullen/Frost Looks Unexpectedly Interesting

Feb 09

Cullen/Frost Bankers Q4 2022 Earnings Preview

Jan 25

With EPS Growth And More, Cullen/Frost Bankers (NYSE:CFR) Makes An Interesting Case

Dec 02
With EPS Growth And More, Cullen/Frost Bankers (NYSE:CFR) Makes An Interesting Case

Cullen/Frost Bankers GAAP EPS of $2.59 beats by $0.37, revenue of $479.34M beats by $40.17M

Oct 27

Cullen/Frost Bankers: A Well-Run But Far From Cheap Bank

Sep 06

Cullen/Frost Bankers goes ex-dividend tomorrow

Aug 29

Cullen/Frost Bankers' (NYSE:CFR) Upcoming Dividend Will Be Larger Than Last Year's

Jul 31
Cullen/Frost Bankers' (NYSE:CFR) Upcoming Dividend Will Be Larger Than Last Year's

Cullen/Frost Bankers Q2 2022 Earnings Preview

Jul 27

Cullen/Frost Bankers: Expense Growth To Counter Strong Top-Line Growth

Jun 17

Cullen/Frost: Stretched Valuation, Can't See Fundamental Value

Mar 24

Cullen/Frost Bankers: Overvalued With An Earnings Dip Outlook

Nov 03

Upcoming Dividend Payment

TodayMay 02 2024Ex Dividend DateMay 31 2024Dividend Pay DateJun 14 202414 days from Ex DividendBuy in the next 28 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: CFR's dividends per share have been stable in the past 10 years.

Growing Dividend: CFR's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Cullen/Frost Bankers Dividend Yield vs Market
How does CFR dividend yield compare to the market?
SegmentDividend Yield
Company (CFR)3.5%
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.8%
Industry Average (Banks)3.0%
Analyst forecast in 3 Years (CFR)4.0%

Notable Dividend: CFR's dividend (3.5%) is higher than the bottom 25% of dividend payers in the US market (1.56%).

High Dividend: CFR's dividend (3.5%) is low compared to the top 25% of dividend payers in the US market (4.82%).


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (42.9%), CFR's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CFR's dividends in 3 years are forecast to be well covered by earnings (44.5% payout ratio).


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