International Bancshares Corporation Announces Increased Cash Dividend
17 9월 2010 - 5:03AM
Business Wire
International Bancshares Corporation (“IBC”) today announced
that on September 10, 2010, IBC’s Board of Directors approved the
declaration of a 19 cents per share cash dividend for shareholders
of record as of the close of business on September 30, 2010,
payable on October 18, 2010. “This cash dividend, which reflects an
11.8% increase or two cents per share over IBC’s most recent cash
dividend, was made possible because of IBC’s continuing strong
performance despite our country’s difficult economic times,” 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’s financial position, acquisition
opportunities, and general business conditions at the time.
IBC (NASDAQ: IBOC) is an $11.3 billion multi-bank financial
holding company headquartered in Laredo, Texas, with over 279
facilities and over 435 ATMs serving 105 communities in Texas and
Oklahoma.
“Safe Harbor” 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’s filings with the Securities and
Exchange Commission.
Copies of IBC’s 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’s website at
http://www.ibc.com.
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