International Bancshares Corporation Approves $0.73 Per Share Cash Dividend

International Bancshares Corporation approved a cash dividend of $0.73 per share for its common stockholders. Shareholders who are recorded as of the close of business on August 14 will receive the payment on August 28.

Dennis E. Nixon, the company's president and chairman, attributed the dividend to the organization's capital position, liquidity, financial strength, and a 60-year history of positive earnings.

The multi-bank financial holding company manages more than $16.8 billion in total assets. Its operations include 165 facilities and 247 ATMs located across Texas and Oklahoma.