When will Cullen/Frost Bankers, Inc. (CFR) announce its next dividend?
Next announcement expected the week of October 26, 2026
High quality
Our predicted date is Thursday, October 29. This is when we
expect Cullen/Frost Bankers, Inc. to declare its next dividend, not when the stock goes
ex-dividend — we publish this estimate as early as about three months before the board is
expected to meet.
Cullen/Frost Bankers, Inc. pays dividends quarterly. We hold 130 payments for it, going back to February 1994 — the full record is below, with what it has paid and when, and how far ahead of each ex-date it declares. We don't publish a predicted next ex-dividend date for CFR. As soon as the company declares one it will appear at the top of this page; until then the record below is what we hold.
CFR dividend at a glance
| Most recent payment | $1.03 per share, August 31, 2026 |
|---|---|
| Indicated annual dividend | $4.12 per share, at the current rate and cadence |
| Payment frequency | Quarterly |
| Change over the past year | Raised 3.0%, from $1.00 to $1.03 |
| 5-year growth rate | 6.6% a year, compounded ($0.75 → $1.03) |
| Consecutive years of increases | 6, in the record we hold |
| Typical announcement lead | Declared about 29 days before the ex-date, across 55 announcements |
| Typical time to payment | Paid about 16 days after the ex-date |
| History on file | 130 payments since February 1994 |
Cullen/Frost Bankers, Inc.'s dividend schedule
Cullen/Frost Bankers, Inc. has paid quarterly across the 32 years of records we hold, with the most recent ex-date on August 31, 2026. Its ex-dates usually land in the last third of the month.
Across the 55 announcements we have on file, CFR declares a dividend a median of 29 days before the shares go ex. That is roughly how much notice CFR gives you before each ex-date, once its board declares. The cash then arrives about 16 days after the ex-date.
Increases have a season: of the 27 raises in our record, most take effect with the May payment, so that is the ex-date to watch for a change in the amount. The most recent was 3.0%, effective with the May 2026 ex-date.
CFR dividend history
The last 16 payments on record, of 130 going back to February 1994.
| Ex-date | Amount |
|---|---|
| Aug 31, 2026 | $1.03 |
| May 29, 2026 | $1.03 |
| Feb 27, 2026 | $1.00 |
| Nov 28, 2025 | $1.00 |
| Aug 29, 2025 | $1.00 |
| May 30, 2025 | $1.00 |
| Feb 28, 2025 | $0.95 |
| Nov 29, 2024 | $0.95 |
| Aug 30, 2024 | $0.95 |
| May 31, 2024 | $0.92 |
| Feb 28, 2024 | $0.92 |
| Nov 29, 2023 | $0.92 |
| Aug 30, 2023 | $0.92 |
| May 30, 2023 | $0.87 |
| Feb 27, 2023 | $0.87 |
| Nov 29, 2022 | $0.87 |
Amounts are per share as reported on each ex-date, and are not restated for later share splits — a split shows up here as a step down in the per-share amount. Shown for schedule context, not as a yield.
Frequently asked questions
- When will CFR announce its next dividend?
- We expect Cullen/Frost Bankers, Inc. to declare its next dividend around October 29, 2026 (the week of October 26, 2026), a high-quality forecast. This is when the board is expected to declare the dividend, not when the stock goes ex-dividend.
- Do I need to own CFR before the ex-dividend date?
- Yes. You must already hold the shares when trading opens on the ex-dividend date to receive the payment. Buying on the ex-date itself is too late — the seller keeps that dividend. See ex-date vs record date vs payment date for how the dates fit together.
- How often does CFR pay a dividend?
- Cullen/Frost Bankers, Inc. has historically paid quarterly, across 130 payments since February 1994.
- How much does CFR pay per share?
- The most recent payment was $1.03 per share, with an ex-date of August 31, 2026. At that rate and frequency the indicated annual dividend is $4.12 a share. This is the cash amount, not a yield — a yield depends on the share price you pay.
- How far in advance does CFR announce its dividend?
- A median of 29 days before the ex-date, across the 55 declarations we hold.