International Bancshares Corporation (“IBC”) announced today that on Sept. 4, 2020, IBC’s Board of Directors approved the declaration of a .55 cents per share cash dividend for shareholders of record of Common Stock, $1.00 par value, as of the close of business on Sept. 21, 2020, payable on Oct. 5, 2020. “This cash dividend was made possible because of our company’s strong earnings performance, augmented by the benefits of the 2017 Tax Cut and Jobs Act, and the company’s exceptionally strong capital position,” said Dennis E. Nixon, president and CEO of IBC.
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