Trailing Dividend / Share
$3.98
Cullen/Frost Bankers, Inc. (CFR) Dividend History
Income profile from 1984 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.7%
Payout Ratio
39.4%
Sustainable
Dividend Streak
33 years
CFR Dividend Income Check
Safety
39.4% payout ratio with sustainable safety profile.
Consistency
33 straight years of dividend increases.
Income Trend
Yield on cost is 4.5% and trend is rising.
CFR Dividend Scorecard
Yield & Income
Dividend Yield2.7%
Trailing DPS$3.98
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout39.4%
Earnings SafetySustainable
FCF Payout31.1%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak33 years
3Y CAGR6.8%
5Y CAGR6.7%
Yield on Cost (5Y)4.5%
YOC Trendrising
Total Returns
Buyback Yield1.7%
Total Shareholder Yield4.5%
1Y Total Return21.9%
5Y Total Return49.1%
Div Contribution (5Y)16.4%
Estimated $10K growth (return + dividends):
5Y ago$14,91310Y ago$27,96820Y ago$34,736
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
CFR Income Growth Story
Dividend per share and yield on cost over time (38 years of payments)
CFR Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Cullen/Frost Bankers, Inc. distributes 39.4% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 31.1%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
CFR has raised its dividend for 33 consecutive years, with a 3-year CAGR of 6.8% and 5-year CAGR of 6.7%.
Total Shareholder Returns
Beyond cash dividends, CFR returns capital through share repurchases. The combined picture: 2.7% dividend yield, 1.7% buyback yield, 4.5% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.5% and is currently rising. The 5-year total return is 49.1%, with dividends contributing 16.4% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $27,968 today.
CFR Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$18.04
Avg/Payment$0.9020
Latest Change+3.0%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 29, 2026Latest | $1.0300 | ↑ +3.0% | 2.97% | Jun 15, 2026 |
| Feb 27, 2026 | $1.0000 | — | 2.89% | Mar 13, 2026 |
| Nov 28, 2025 | $1.0000 | — | 3.19% | Dec 15, 2025 |
| Aug 29, 2025 | $1.0000 | — | 3.02% | Sep 15, 2025 |
| May 30, 2025 | $1.0000 | ↑ +5.3% | 3.03% | Jun 13, 2025 |
| Feb 28, 2025 | $0.9500 | — | 2.75% | Mar 14, 2025 |
| Nov 29, 2024 | $0.9500 | — | 2.66% | Dec 13, 2024 |
| Aug 30, 2024 | $0.9500 | ↑ +3.3% | 3.31% | Sep 13, 2024 |
CFR Dividend vs Peers
Comparable companies in the same industry
#3 yield in peer group
Div Yield
2.7%
#3 of 9
Safety
Sustainable
39.4% payout
Streak
33Y
6.7% 5Y CAGR
Total Shareholder
4.5%
#6 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd CFRCullen/Frost Bankers… | $9.2B | 2.7% | 39.4% | 33 | Sustainable |
 BOKFBOK Financial Corpor… | $7.9B | 1.9% | 25.5% | 21 | Sustainable |
 WTFCWintrust Financial C… | $10.4B | 1.6% | 20.6% | 12 | Sustainable |
 FHNFirst Horizon Corpor… | $12.3B | 2.6% | 31.9% | 0 | Sustainable |
1st  SNVSynovus Financial Co… | $6.9B | 3.0% | 45.6% | 1 | Sustainable |
 IBOCInternational Bancsh… | $4.6B | 1.9% | 21.1% | 16 | Sustainable |
 TCBITexas Capital Bancsh… | $4.4B | 0.4% | — | 0 | Unknown |
2nd  HOMBHome Bancshares, Inc… | $5.4B | 2.9% | 33.4% | 15 | Sustainable |
 UMBFUMB Financial Corpor… | $10.1B | 1.3% | 19.3% | 24 | Sustainable |
CFR Annual Dividend History (1984–2026)
42 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $2.03 | — | 2 | — | — | — | 2.3% |
| 2025 | $3.95 | 5.6% | 4 | $9.92 | 39.8% | 2.51x | 4.5% |
| 2024 | $3.74 | 4.5% | 4 | $8.87 | 42.2% | 2.37x | 4.3% |
| 2023 | $3.58 | 10.5% | 4 | $9.08 | 39.4% | 2.54x | 4.1% |
| 2022 | $3.24 | 10.2% | 4 | $8.79 | 36.9% | 2.71x | 3.7% |
| 2021 | $2.94 | 3.2% | 4 | $6.74 | 43.6% | 2.29x | 3.4% |
| 2020 | $2.85 | 1.8% | 4 | $5.09 | 56.0% | 1.79x | 3.3% |
| 2019 | $2.80 | 8.5% | 4 | $6.81 | 41.1% | 2.43x | 3.2% |
| 2018 | $2.58 | 14.7% | 4 | $6.90 | 37.4% | 2.67x | 2.9% |
| 2017 | $2.25 | 4.7% | 4 | $5.51 | 40.8% | 2.45x | 2.6% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
42+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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CFR — Frequently Asked Questions
Quick answers to the most common questions about buying CFR stock.
How much dividend does CFR pay per share?
Cullen/Frost Bankers, Inc. (CFR) pays a trailing 12-month dividend of $3.98 per share, with a current dividend yield of +2.7%. Payments are made Semi-Annual.
When is CFR's next ex-dividend date?
CFR's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. CFR typically pays dividends Semi-Annual.
Is CFR's dividend safe?
CFR's dividend safety is rated "Sustainable" based on an earnings payout ratio of +39.4% and FCF payout ratio of +31.1%. With 33 consecutive years of dividend growth, the track record supports sustainability.
Is CFR a Dividend Aristocrat?
Yes, Cullen/Frost Bankers, Inc. is classified as a Dividend Aristocrat with 33 consecutive years of dividend increases. The 5-year dividend CAGR is +6.7%, demonstrating above-inflation dividend growth.
How often does CFR pay dividends?
Cullen/Frost Bankers, Inc. pays dividends Semi-Annual. The trailing 12-month total is $3.98 per share. Dividend data on this page covers 42+ years from 1984 to 2026.
How much would $10,000 invested in CFR grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in CFR five years ago would be worth approximately $14,913 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is CFR's yield on cost for long-term holders?
CFR's yield on cost — the current dividend divided by the original purchase price — is +4.5% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.7% market yield, thanks to consistent dividend growth.