CFR Dividend History & Yield

Cullen/Frost Bankers, Inc. · NYSE

Stock Financial Services Quarterly payer Dividend growthFinancial
$163.61
+0.61% today
as of Sep 8, 2026
TTM yield
2.48%
$4.06/share over the last 12 months
Forward yield
2.52%
$4.12/share indicated annual rate
Annual dividend
$4.12
per share, forward
Per payment
$1.03
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Nov 30, 2026 Estimated
in 82 days
Next pay date
Dec 14, 2026
in 96 days
Last ex-dividend date
Aug 31, 2026
$1.03 per share
Payout ratio
38%
of earnings
Market cap
10.2B
P/E 15.4
5y dividend CAGR
+6.9%
annualised, regular payments
Growth streak
31 yrs
consecutive annual raises
Years paying
32.5
since Feb 23, 1994
1y total return
+29.9%
price +26.8% + dividends 3.1%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Mon, Nov 30, 2026 (in 82 days) Dec 14, 2026 $1.03 $103.00 Estimated
Mon, Mar 1, 2027 (in 173 days) Mar 15, 2027 $1.03 $103.00 Estimated
Mon, May 31, 2027 (in 264 days) Jun 14, 2027 $1.03 $103.00 Estimated
Mon, Aug 30, 2027 (in 355 days) Sep 13, 2027 $1.03 $103.00 Estimated

Estimated dates and amounts are projected from CFR's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $4.12 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Nov 28, 2016 to Aug 31, 2026; most recent $1.03$0.00$0.60$1.20Nov 28, 2016: $0.54Nov '16Feb 24, 2017: $0.54May 26, 2017: $0.57Aug 29, 2017: $0.57Nov 29, 2017: $0.57Feb 27, 2018: $0.57Feb '18May 30, 2018: $0.67Aug 30, 2018: $0.67Nov 29, 2018: $0.67Feb 27, 2019: $0.67May 30, 2019: $0.71May '19Aug 29, 2019: $0.71Nov 27, 2019: $0.71Feb 27, 2020: $0.71May 28, 2020: $0.71Aug 28, 2020: $0.71Aug '20Nov 27, 2020: $0.72Feb 25, 2021: $0.72May 27, 2021: $0.72Aug 30, 2021: $0.75Nov 29, 2021: $0.75Nov '21Feb 25, 2022: $0.75May 27, 2022: $0.75Aug 30, 2022: $0.87Nov 29, 2022: $0.87Feb 27, 2023: $0.87Feb '23May 30, 2023: $0.87Aug 30, 2023: $0.92Nov 29, 2023: $0.92Feb 28, 2024: $0.92May 31, 2024: $0.92May '24Aug 30, 2024: $0.95Nov 29, 2024: $0.95Feb 28, 2025: $0.95May 30, 2025: $1.00Aug 29, 2025: $1.00Aug '25Nov 28, 2025: $1.00Feb 27, 2026: $1.00May 29, 2026: $1.03Aug 31, 2026: $1.03

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$2.50$5.002017: $2.25$2.2520172018: $2.58$2.5820182019: $2.80$2.8020192020: $2.85$2.8520202021: $2.94$2.9420212022: $3.24$3.2420222023: $3.58$3.5820232024: $3.74$3.7420242025: $3.95$3.9520252026 (YTD): $3.06$3.062026 YTD

How much CFR do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month292$47,653$1,200
$500 / month1,457$238,267$6,000
$1,000 / month2,913$476,534$12,000

Based on the forward yield of 2.52%. $10,000 in CFR would currently pay about $252 a year ($21 a month on average). Model reinvestment and growth →

CFR dividend history

Ex-datePay dateAmountChange
Aug 31, 2026 $1.03 +0.0%
May 29, 2026 $1.03 +3.0%
Feb 27, 2026 $1.00 +0.0%
Nov 28, 2025 $1.00 +0.0%
Aug 29, 2025 $1.00 +0.0%
May 30, 2025 $1.00 +5.3%
Feb 28, 2025 $0.95 +0.0%
Nov 29, 2024 $0.95 +0.0%
Aug 30, 2024 $0.95 +3.3%
May 31, 2024 $0.92 +0.0%
Feb 28, 2024 $0.92 +0.0%
Nov 29, 2023 $0.92 +0.0%
Aug 30, 2023 $0.92 +5.7%
May 30, 2023 $0.87 +0.0%
Feb 27, 2023 $0.87 +0.0%
Nov 29, 2022 $0.87 +0.0%
Aug 30, 2022 $0.87 +16.0%
May 27, 2022 $0.75 +0.0%
Feb 25, 2022 $0.75 +0.0%
Nov 29, 2021 $0.75 +0.0%
Aug 30, 2021 $0.75 +4.2%
May 27, 2021 $0.72 +0.0%
Feb 25, 2021 $0.72 +0.0%
Nov 27, 2020 $0.72 +1.4%

CFR dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
May 29, 2026 Raised 3.0% $1.00 $1.03 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

CFR scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Cullen/Frost Bankers, Inc.

Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas. The company offers commercial banking services to corporations, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; and treasury management services.

Sector: Financial Services. Industry: Banks - Regional. First dividend on our records: Feb 23, 1994. 130 payments tracked. Data last refreshed Sep 8, 2026. Spotted a mistake? Report it and we'll fix it.

CFR dividend FAQ

When is CFR's next ex-dividend date?

CFR's next ex-dividend date is Nov 30, 2026 (in 82 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $1.03 per share, expected on Dec 14, 2026.

How often does CFR pay dividends?

CFR pays dividends every quarter, 4 times a year. The most recent payment was $1.03 per share with an ex-date of Aug 31, 2026.

What is CFR's dividend yield?

CFR's trailing 12-month dividend yield is 2.48%, based on $4.06 per share paid over the last year and a share price of $163.61. The forward yield, using the indicated annual rate of $4.12 per share, is 2.52%.

How much does CFR pay per share?

CFR pays about $1.03 per share each quarter, which works out to roughly $4.12 per share a year. 100 shares would collect about $412.00 a year.

Has CFR grown or cut its dividend?

CFR has raised its annual dividend for 31 consecutive years. Over the last 5 years the regular payout has grown at 6.9% a year (+4.1% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of CFR do I need to earn $100 a month?

At the current forward yield of 2.52%, you would need about 292 shares of CFR (roughly $47,653 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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