Company Overview - Cullen/Frost Bankers (CFR) is headquartered in San Antonio and operates in the Finance sector [3] - The stock has experienced a price change of -5.77% since the beginning of the year [3] Dividend Information - Cullen/Frost Bankers currently pays a dividend of $1 per share, resulting in a dividend yield of 3.16% [3] - This yield is significantly higher than the Banks - Southwest industry's yield of 1.33% and the S&P 500's yield of 1.6% [3] - The company's annualized dividend of $4 has increased by 7% from the previous year [4] - Over the past five years, the company has raised its dividend five times, averaging an annual increase of 7.80% [4] - The current payout ratio is 42%, indicating that 42% of its trailing 12-month earnings per share (EPS) is distributed as dividends [4] Earnings Growth Expectations - For the fiscal year, Cullen/Frost Bankers anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 at $9.24 per share, reflecting a year-over-year growth rate of 2.90% [5] Investment Appeal - The company presents a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 1 (Strong Buy) [7] - Income investors are particularly drawn to dividends for various reasons, including tax advantages and reduced overall portfolio risk [6]
This is Why Cullen/Frost Bankers (CFR) is a Great Dividend Stock