Cullen/Frost Bankers, Inc. (CFR.PB) dividend history
CFR.PBNYSENational Commercial BanksFiscal year ends December 31Also trades as CFR
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 10/3027% above fair value
$15.26−0.20 (-1.29%)
Close on Oct 30, 2026Market cap $9.79BP/E 14.6Yield 2.51%
Dividends
Dividend declared per share by fiscal year, adjusted for stock splits
Per share, FY2025
$3.95
+5.6% on the prior year
Consecutive increases
15 years
Every year since FY2010
Dividend yield
2.51%
Latest annual dividend ÷ share price
Payout ratio, FY2025
39.4%
Dividends paid ÷ net income
Dividend payments
Every dividend Cullen/Frost Bankers has paid, newest first. Shares held at the close of the last day with dividend receive it; shares bought on the ex-dividend date or later do not.
| Ex-dividend | Last day to buy | Record | Payable | Declared | Per share | Source |
|---|---|---|---|---|---|---|
| Aug 31, 2026 | Aug 28, 2026 | – | – | – | $0.2781 | 10-Q |
| May 29, 2026 | May 28, 2026 | – | – | – | $0.2781 | 10-Q |
| Feb 27, 2026 | Feb 26, 2026 | – | – | – | $0.2781 | 10-Q |
| Nov 28, 2025 | Nov 26, 2025 | – | – | – | $0.2781 | 10-K |
| Aug 29, 2025 | Aug 28, 2025 | – | – | – | $0.2781 | 10-Q |
| May 30, 2025 | May 29, 2025 | – | – | – | $0.2781 | 10-Q |
| Feb 28, 2025 | Feb 27, 2025 | – | – | – | $0.2781 | 10-Q |
| Nov 29, 2024 | Nov 27, 2024 | – | – | – | $0.2781 | 10-K |
| Aug 30, 2024 | Aug 29, 2024 | – | – | – | $0.2781 | 10-Q |
| May 31, 2024 | May 30, 2024 | – | – | – | $0.2781 | 10-Q |
| Feb 28, 2024 | Feb 27, 2024 | – | – | – | $0.2781 | 10-Q |
| Nov 29, 2023 | Nov 28, 2023 | – | – | – | $0.2781 | 10-K |
| Aug 30, 2023 | Aug 29, 2023 | – | – | – | $0.2781 | 10-Q |
| May 30, 2023 | May 26, 2023 | – | – | – | $0.2781 | 10-Q |
| Feb 27, 2023 | Feb 24, 2023 | – | – | – | $0.2781 | 10-Q |
| Nov 29, 2022 | Nov 28, 2022 | – | – | – | $0.2781 | 10-K |
| Aug 30, 2022 | Aug 29, 2022 | – | – | – | $0.2781 | 10-Q |
| May 27, 2022 | May 26, 2022 | – | – | – | $0.2781 | 10-Q |
| Feb 25, 2022 | Feb 24, 2022 | – | – | – | $0.2781 | 10-Q |
| Nov 29, 2021 | Nov 26, 2021 | – | – | – | $0.2781 | 10-K |
| Aug 30, 2021 | Aug 27, 2021 | – | – | – | $0.2781 | 10-Q |
| May 27, 2021 | May 26, 2021 | – | – | – | $0.2781 | 10-Q |
| Feb 25, 2021 | Feb 24, 2021 | – | – | – | $0.3585 | 10-Q |
Per share as declared at the time. Source document: the dividend announcement filed with the SEC (press release or 8-K) where one exists, otherwise the quarterly or annual report covering the declaration.
By fiscal year
Dividend per share, cash paid and payout ratio from annual filings
| Fiscal year | Per share | Change | Cash paid | Payout ratio |
|---|---|---|---|---|
| FY2025 | $3.95 | +5.6% | $255.36M | 39.4% |
| FY2024 | $3.74 | +4.5% | $242.45M | 41.6% |
| FY2023 | $3.58 | +10.5% | $232.32M | 38.9% |
| FY2022 | $3.24 | +10.2% | $209.78M | 36.2% |
| FY2021 | $2.94 | +3.2% | $188.79M | 42.6% |
| FY2020 | $2.85 | +1.8% | $180.58M | 54.5% |
| FY2019 | $2.80 | +8.5% | $177.01M | 39.9% |
| FY2018 | $2.58 | +14.7% | $165.45M | 36.4% |
| FY2017 | $2.25 | +4.7% | $144.17M | 39.6% |
| FY2016 | $2.15 | +2.4% | $134.90M | 44.3% |
| FY2015 | $2.10 | +3.4% | $132.16M | 47.3% |
| FY2014 | $2.03 | +2.5% | $127.18M | 45.8% |
| FY2013 | $1.98 | +4.2% | $119.62M | 50.3% |
| FY2012 | $1.90 | +3.8% | $116.85M | 49.1% |
| FY2011 | $1.83 | +2.8% | $112.21M | 51.6% |