Cullen/Frost Bankers, Inc. (CFR) announced that its board of directors declared a second quarter cash dividend of $.50 per common share, an increase from the previous dividend of $.48 per common share. The dividend is payable June 14, 2013 to shareholders of record on May 31 of this year.
The company said that ts board of directors also declared an initial cash dividend of $.4479167 per share of the Noncumulative Perpetual Preferred Stock, Series A, which is traded on the NYSE under the symbol "CFR PrA." The Series A Preferred Stock dividend.
For comments and feedback: editorial@rttnews.com