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Stock impact report

Should You Buy Cullen/Frost Bankers, Inc. (NYSE:CFR) For Its Upcoming Dividend? [Yahoo! Finance]

Cullen/Frost Bankers, Inc. (CFR) 
Last cullen/frost bankers, inc. earnings: 4/30 09:00 am Check Earnings Report
US:NYSE Investor Relations: frostbank.com/investor-relations
Company Research Source: Yahoo! Finance
NYSE:CFR ) is about to go ex-dividend in just four days. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. This means that investors who purchase Cullen/Frost Bankers' shares on or after the 28th of February will not receive the dividend, which will be paid on the 14th of March. The company's next dividend payment will be US$0.95 per share, and in the last 12 months, the company paid a total of US$3.80 per share. Looking at the last 12 months of distributions, Cullen/Frost Bankers has a trailing yield of approximately 2.7% on its current stock price of US$140.35. If you buy this business for its dividend, you should have an idea of whether Cullen/Frost Bankers's dividend is reliable and sustainable. So we need to investigate whether Cull Show less Read more
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