Looking at the universe of stocks we cover at Dividend Channel, on 9/26/13, International Bancshares Corp. (IBOC) will trade ex-dividend, for its semi-annual dividend of $0.23, payable on 10/15/13. As a percentage of IBOC's recent stock price of $21.79, this dividend works out to approximately 1.06%, so look for shares of International Bancshares Corp. to trade 1.06% lower — all else being equal — when IBOC shares open for trading on 9/26/13.
Below is a dividend history chart for IBOC, showing historical dividends prior to the most recent $0.23 declared by International Bancshares Corp.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from IBOC is likely to continue, and whether the current estimated yield of 2.11% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of IBOC shares, versus its 200 day moving average:Looking at the chart above, IBOC's low point in its 52 week range is $16.92 per share, with $25.85 as the 52 week high point — that compares with a last trade of $21.79.
In Tuesday trading, International Bancshares Corp. shares are currently up about 0.2% on the day.