Independent Bank Group About To Put More Money In Your Pocket (IBTX)

Looking at the universe of stocks we cover at Dividend Channel, on 11/14/13, Independent Bank Group Inc. ( IBTX) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 11/27/13. As a percentage of IBTX's recent stock price of $40.34, this dividend works out to approximately 0.15%.

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Below is a dividend history chart for IBTX, showing historical dividends prior to the most recent $0.06 declared by Independent Bank Group Inc.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from IBTX is likely to continue, and whether the current estimated yield of 0.59% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Independent Bank Group Inc. shares are currently down about 0.2% on the day.