International Bancshares Corporation Announces Cash Dividend
26 2์ 2008 - 6:56AM
Business Wire
International Bancshares Corporation (๏ฟฝIBC๏ฟฝ) today announced that
the Board of Directors on February 20, 2008, approved the
declaration of a 33 cents per share cash dividend for shareholders
of record as of the close of business on March 31, 2008, payable on
April 18, 2008. ๏ฟฝThis cash dividend was made possible because of
the strong performance of IBC for 2007,๏ฟฝ said Dennis E. Nixon,
Chairman and President of IBC. It is the inclination of the Board
to continue to declare semiannual cash dividends. However, any
declaration of future cash dividends will depend upon IBC๏ฟฝs
financial position, acquisition opportunities, and general business
conditions at the time. IBC (NASDAQ:IBOC) is a $11.2 billion
multi-bank financial holding company headquartered in Laredo,
Texas, with over 255 facilities and over 400 ATMs serving 100
communities in Texas and Oklahoma. ๏ฟฝSafe Harbor๏ฟฝ statement under
the Private Securities Litigation Reform Act of 1995: The
statements contained in this release which are not historical facts
contain forward-looking information with respect to plans,
projections or future performance of IBC and its subsidiaries, the
occurrence of which involve certain risks and uncertainties
detailed in IBC๏ฟฝs filings with the Securities and Exchange
Commission. Copies of IBC๏ฟฝs SEC filings and Annual Report (as an
exhibit to the 10-K) may be downloaded from the SEC filings site
located at http://www.sec.gov/edgar.shtml or IBC๏ฟฝs website at
http://www.ibc.com.
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