Cullen/Frost Declares $1.03 Fourth-Quarter 2026 Dividend

Cullen/Frost Bankers Inc. declared a $1.03-per-share fourth-quarter 2026 dividend, maintaining its prior-quarter rate and setting payment for Dec. 15 to shareholders of record Nov. 30.

The common dividend matches the $1.03 rate for the third quarter of 2026. It is up from $1.00 per share in the fourth quarter of 2025. The declaration came after a preview of Cullen/Frost's third-quarter results.

Cullen/Frost also declared a Series B preferred-stock dividend of $11.125 per preferred share, equal to $0.278125 per depositary share. Payment for both preferred-share amounts is scheduled for Dec. 15, 2026, to holders of record Nov. 30.

For the third quarter, net income available to common shareholders was $178.5 million, compared with $172.7 million a year earlier. Diluted earnings were $2.84 per share, up from $2.67.