Cullen/Frost Bankers (CFR) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $4.06
- Forward yield
- 2.68%
- Payout ratio
- 38.4%
- Growth streak
- 5 years
Cullen/Frost Bankers pays a quarterly dividend of $1.03 per share. Its most recent payment had an ex-date of August 31, 2026 and was paid on September 15, 2026. Over the trailing twelve months, it paid $4.06 per share, a yield of about 2.67% at a share price of $151.99.
The record shows a steady annual rhythm. Cullen/Frost has raised its dividend once a year, with the payment that goes ex-dividend in August from 2022 to 2024 and with the May payment in 2025 and 2026. The rate went from $0.75 to $0.87 in 2022, a 16% raise. It then went to $0.92 in 2023, $0.95 in 2024, $1.00 in 2025 and $1.03 in 2026. Those later raises ranged from about 3.0% to 5.8%. Since late 2021, the quarterly rate has grown about 37%. Payments by calendar year rose from $3.24 in 2022 to $3.95 in 2025. The company has now increased its dividend for five consecutive calendar years.
If the pattern holds, the next payment would go ex-dividend in late November 2026 and be paid around December 15. Recent raises have come with the May payment, not the November one.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Jul 29, 2026 | Aug 31, 2026 | Sep 15, 2026 | $1.03 |
| Apr 30, 2026 | May 29, 2026 | Jun 15, 2026 | $1.03 |
| Jan 29, 2026 | Feb 27, 2026 | Mar 13, 2026 | $1.00 |
| Oct 30, 2025 | Nov 28, 2025 | Dec 15, 2025 | $1.00 |
| Jul 31, 2025 | Aug 29, 2025 | Sep 15, 2025 | $1.00 |
| Apr 30, 2025 | May 30, 2025 | Jun 13, 2025 | $1.00 |
| Jan 30, 2025 | Feb 28, 2025 | Mar 14, 2025 | $0.95 |
| Oct 31, 2024 | Nov 29, 2024 | Dec 13, 2024 | $0.95 |
| Jul 25, 2024 | Aug 30, 2024 | Sep 13, 2024 | $0.95 |
| Apr 25, 2024 | May 31, 2024 | Jun 14, 2024 | $0.92 |
| Jan 25, 2024 | Feb 28, 2024 | Mar 15, 2024 | $0.92 |
| Oct 26, 2023 | Nov 29, 2023 | Dec 15, 2023 | $0.92 |
| Jul 27, 2023 | Aug 30, 2023 | Sep 15, 2023 | $0.92 |
| Apr 27, 2023 | May 30, 2023 | Jun 15, 2023 | $0.87 |
| Jan 26, 2023 | Feb 27, 2023 | Mar 15, 2023 | $0.87 |
| Oct 27, 2022 | Nov 29, 2022 | Dec 15, 2022 | $0.87 |
| Jul 27, 2022 | Aug 30, 2022 | Sep 15, 2022 | $0.87 |
| Apr 28, 2022 | May 27, 2022 | Jun 15, 2022 | $0.75 |
| Jan 27, 2022 | Feb 25, 2022 | Mar 15, 2022 | $0.75 |
| Oct 28, 2021 | Nov 29, 2021 | Dec 15, 2021 | $0.75 |
Frequently asked questions
Does Cullen/Frost Bankers (CFR) pay a dividend?
Yes. Cullen/Frost Bankers pays a quarterly dividend; the most recent payment was $1.03 per share.
What is CFR's dividend yield?
Cullen/Frost Bankers paid $4.06 per share over the trailing twelve months, a yield of 2.68% at the last price of $151.57. Click here to learn more
When is CFR's most recent ex-dividend date?
Cullen/Frost Bankers's most recent ex-dividend date is Aug 31, 2026, payable on Sep 15, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has CFR been raising its dividend?
Yes — Cullen/Frost Bankers has increased its dividend for 5 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.