Independent Bank Group (Independent Bank Group) Dividend Payout Ratio : 0.65 (As of Mar. 2024)

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What is Independent Bank Group Dividend Payout Ratio?

Independent Bank Group's dividend payout ratio for the months ended in Mar. 2024 was 0.65.

The historical rank and industry rank for Independent Bank Group's Dividend Payout Ratio or its related term are showing as below:

IBTX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.17 Max: 0.54
Current: 0.54

During the past 13 years, the highest Dividend Payout Ratio of Independent Bank Group was 0.54. The lowest was 0.12. And the median was 0.17.

IBTX's Dividend Payout Ratio is ranked worse than
77.9% of 1086 companies
in the Banks industry
Industry Median: 0.34 vs IBTX: 0.54

As of today (2024-04-30), the Dividend Yield % of Independent Bank Group is 3.97%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Independent Bank Group was 5.12%. The lowest was 0.12%. And the median was 1.07%.

Independent Bank Group's Dividends per Share for the 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.

Independent Bank Group Dividend Payout Ratio Historical Data

The historical data trend for Independent Bank Group's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Independent Bank Group Dividend Payout Ratio Chart

Independent Bank Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.20

0.21

0.25

0.32

0.47

Independent Bank Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.37	0.46	0.48	0.61	0.65

Competitive Comparison of Independent Bank Group's Dividend Payout Ratio

For the Banks - Regional subindustry, Independent Bank Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Independent Bank Group's Dividend Payout Ratio falls into.

Independent Bank Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Independent Bank Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.52	/	3.225
	=	0.47

Independent Bank Group's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.38	/	0.586
	=	0.65

Independent Bank Group (NAS:IBTX) Dividend Payout Ratio Explanation

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.

Independent Bank Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Independent Bank Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Independent Bank Group (Independent Bank Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Independent Bank Group Inc (NAS:IBTX) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

7777 Henneman Way, McKinney, TX, USA, 75070-1711

Website

https://www.independent-bank.com

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