# Cullen/Frost Bankers (CFR) — Dividends

CFR · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/cfr/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | quarterly |
| Trailing 12 months | $4.06 |
| Forward yield | 2.63% |
| 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.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Aug 31, 2026 | Sep 15, 2026 | $1.03 |
| May 29, 2026 | Jun 15, 2026 | $1.03 |
| Feb 27, 2026 | Mar 13, 2026 | $1.00 |
| Nov 28, 2025 | Dec 15, 2025 | $1.00 |
| Aug 29, 2025 | Sep 15, 2025 | $1.00 |
| May 30, 2025 | Jun 13, 2025 | $1.00 |
| Feb 28, 2025 | Mar 14, 2025 | $0.95 |
| Nov 29, 2024 | Dec 13, 2024 | $0.95 |
| Aug 30, 2024 | Sep 13, 2024 | $0.95 |
| May 31, 2024 | Jun 14, 2024 | $0.92 |
| Feb 28, 2024 | Mar 15, 2024 | $0.92 |
| Nov 29, 2023 | Dec 15, 2023 | $0.92 |
| Aug 30, 2023 | Sep 15, 2023 | $0.92 |
| May 30, 2023 | Jun 15, 2023 | $0.87 |
| Feb 27, 2023 | Mar 15, 2023 | $0.87 |
| Nov 29, 2022 | Dec 15, 2022 | $0.87 |
| Aug 30, 2022 | Sep 15, 2022 | $0.87 |
| May 27, 2022 | Jun 15, 2022 | $0.75 |
| Feb 25, 2022 | Mar 15, 2022 | $0.75 |
| 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 2.63% at the last price of $154.11. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### 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](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

### Has CFR been raising its dividend?

Yes — Cullen/Frost Bankers has increased its dividend for 5 consecutive calendar years.

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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.

Data provided by [AInvest](https://www.ainvest.com).