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Independent Bank Group (Independent Bank Group) Forward Dividend Yield % : 3.86% (As of Apr. 28, 2024)


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What is Independent Bank Group Forward Dividend Yield %?

As of today (2024-04-28), the Forward Annual Dividend Yield of Independent Bank Group is 3.86%.

As of today (2024-04-28), the Trailing Annual Dividend Yield of Independent Bank Group is 3.86%.

IBTX's Forward Dividend Yield % is ranked worse than
55.64% of 1170 companies
in the Banks industry
Industry Median: 4.16 vs IBTX: 3.86

Independent Bank Group's Dividends per Share for the three months ended in Mar. 2024 was $0.38.

During the past 3 years, the average Dividends Per Share Growth Rate was 13.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 21.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 28.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Independent Bank Group was 43.30% per year. The lowest was 13.10% per year. And the median was 28.15% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Independent Bank Group's Forward Dividend Yield %

For the Banks - Regional subindustry, Independent Bank Group's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Independent Bank Group's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Independent Bank Group's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Independent Bank Group's Forward Dividend Yield % falls into.



Independent Bank Group Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Independent Bank Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3802024-01-312024-02-012024-02-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3802023-11-012023-11-022023-11-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.3802023-08-022023-08-032023-08-17Cash DividendquarterlyUSD:USD 1.000000
USD 0.3802023-05-032023-05-042023-05-18Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Independent Bank Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.52/39.34
=3.86 %

Current Share Price is $39.34.
Independent Bank Group's Dividends per Share for the forward twelve months is calculated as $0.38 * 4 = $1.52.

Independent Bank Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.52/39.34
=3.86 %

Current Share Price is $39.34.
Independent Bank Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.52.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Independent Bank Group  (NAS:IBTX) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Independent Bank Group Forward Dividend Yield % Related Terms

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Independent Bank Group (Independent Bank Group) Business Description

Traded in Other Exchanges
N/A
Address
7777 Henneman Way, McKinney, TX, USA, 75070-1711
Independent Bank Group Inc is a bank holding company. It offers services such as checking and savings accounts, debit cards, online banking, including online account opening, mobile banking, eStatements and bank-by-mail and direct deposit services. The Company also offers business accounts and management services, including analyzed business checking, business savings, and treasury management services. The bank generates its revenue in the form of net interest income.
Executives
Janet P Froetscher director CBOE GLOBAL MARKETS, 433 W. VAN BUREN ST., CHICAGO IL 60607
Paul B Langdale officer: EVP, Chief Financial Officer 7777 HENNEMAN WAY, MCKINNEY TX 75070
Brenda K Montgomery officer: EVP, Chief Accounting Officer 7777 HENNEMAN WAY, MCKINNEY TX 75070
Michael B Hobbs officer: EVP/ Chief Lending Officer 1331 17TH STREET, SUITE 200, DENVER CO 80202
Daniel W Brooks director, officer: Vice Chairman and CRO 1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
David R Brooks director, officer: Chairman and CEO 1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
William E Fair director 1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
James P Tippit officer: EVP Corporate Responsibility 1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
Jennings John Webb Iii director 1980 POST OAK BOULEVARD, SUITE 2150, HOUSTON TX 77056
James C White officer: EVP and COO 1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
G Stacy Smith director 300 CRESCENT COURT SUITE 1111, DALLAS TX 75201
Michelle S Hickox officer: EVP and CFO 1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
John G Turpen officer: EVP, Chief Risk Officer 2000 MCKINNEY AVE, SUITE 700, DALLAS TX 75201
Paul Washington director 1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
Mark S Haynie officer: EVP - General Counsel 1600 REDBUS BOULEVARD, SUITE 400, MCKINNEY TX 75069

Independent Bank Group (Independent Bank Group) Headlines