Cullen/Frost Bankers, Inc.

NYSE:CFR Stock Report

Market Cap: US$7.0b

Cullen/Frost Bankers Dividend

Dividend criteria checks 5/6

Cullen/Frost Bankers is a dividend paying company with a current yield of 3.4% that is well covered by earnings. Next payment date is on 13th September, 2024 with an ex-dividend date of 30th August, 2024.

Key information

3.4%

Dividend yield

45%

Payout ratio

Industry average yield2.9%
Next dividend pay date13 Sep 24
Ex dividend date30 Aug 24
Dividend per shareUS$3.800
Earnings per shareUS$8.22
Dividend yield forecast in 3Y3.5%

Recent dividend updates

Cullen/Frost Bankers' (NYSE:CFR) Dividend Will Be Increased To $0.95

Jul 28
Cullen/Frost Bankers' (NYSE:CFR) Dividend Will Be Increased To $0.95

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

Recent updates

Cullen/Frost Bankers' (NYSE:CFR) Dividend Will Be Increased To $0.95

Jul 28
Cullen/Frost Bankers' (NYSE:CFR) Dividend Will Be Increased To $0.95

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

Upcoming Dividend Payment

TodayAug 23 2024Ex Dividend DateAug 30 2024Dividend Pay DateSep 13 202414 days from Ex DividendBuy in the next 6 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)3.4%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.4%
Industry Average (Banks)2.9%
Analyst forecast in 3 Years (CFR)3.5%

Notable Dividend: CFR's dividend (3.4%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: CFR's dividend (3.4%) is low compared to the top 25% of dividend payers in the US market (4.43%).


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (44.8%), 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 (44.2% payout ratio).


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