NEW YORK ( TheStreet) -- The ex-dividend date for International Bancshares Corporation (Nasdaq: IBOC) is tomorrow, March 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $21.70 as of 9:30 a.m. ET, the dividend yield is 1.9%. The average volume for International has been 260,100 shares per day over the past 30 days. International has a market cap of $1.34 billion and is part of the financial sector and banking industry. Shares are up 18.5% year to date as of the close of trading on Tuesday. International Bancshares Corporation, a banking holding company, provides commercial and retail banking services in south, central, and southeast Texas; and Oklahoma. The company has a P/E ratio of 12.8, above the average banking industry P/E ratio of 11.9 and below the S&P 500 P/E ratio of 17.7.
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