Independent Bank Group, Inc (IBTX) Dividends
Dividend Yield and Dividend History Highlights
- Over the past 5.5 years, IBTX has averaged an annual trailing twelve month dividend growth rate of 10.51%.
- In terms of compounded growth rate of annual dividends, IBTX's growth rate has been 0.49% over the past 5.5 years.
- IBTX has an EBITDA to net debt ratio of 285,838,000; for context, that's better than 92.45% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with IBTX that may be suitable potential portfolio mates: MRTN, JKHY, BAP, PINC and GHM.
IBTX Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $65.49 | $45.86 | -36.96% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of IBTX, the DDM model generated by StockNews estimates a return of negative 36.96% in comparison to its current price. To help understand and contextualize the model's evaluation of IBTX, investors may wish to consider are:
- In comparison to other US listed dividend yielding stocks in the Financial Services sector, the expected return of -36.96%, based on the stock's current share price and target price based on a dividend discount model, is greater than 29.57% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, IBTX has a discount rate lower than 29.57% of them (a lower discount rate is associated with lower risk).
- Beta is a measure of how volatile a stock is relative to the S&P 500; for IBTX, its beta is lower than 30.62% of stocks in the small-sized revenue class.
- Based on dividend growth rate, IBTX boasts a higher growth rate in terms of its annual cash distributed to its owners than 97.33% of the dividend issuers in our set.
IBTX Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-10-31 | Dividend | $0.38 | -- |
| 2024-08-05 | Dividend | $0.38 | -- |
| 2024-05-01 | Dividend | $0.38 | -- |
| 2024-01-31 | Dividend | $0.38 | -- |
| 2023-11-01 | Dividend | $0.38 | -- |
| 2023-08-02 | Dividend | $0.38 | -- |
| 2023-05-03 | Dividend | $0.38 | -- |
| 2023-02-03 | Dividend | $0.38 | -- |
| 2022-11-02 | Dividend | $0.38 | -- |
| 2022-08-03 | Dividend | $0.38 | -- |
| 2022-05-04 | Dividend | $0.38 | -- |
| 2022-02-09 | Dividend | $0.38 | +5.56% |
| 2021-11-09 | Dividend | $0.36 | +5.88% |
| 2021-08-04 | Dividend | $0.34 | +6.25% |
| 2021-05-05 | Dividend | $0.32 | +6.67% |
| 2021-02-10 | Dividend | $0.30 | -- |
| 2020-11-05 | Dividend | $0.30 | +20.00% |
| 2020-08-07 | Dividend | $0.25 | -- |
| 2020-05-08 | Dividend | $0.25 | -- |
| 2020-02-07 | Dividend | $0.25 | -- |
| 2019-11-01 | Dividend | $0.25 | -- |
| 2019-08-02 | Dividend | $0.25 | -- |
| 2019-05-03 | Dividend | $0.25 | -- |
| 2019-02-08 | Dividend | $0.25 | +78.57% |
| 2018-11-02 | Dividend | $0.14 | -- |
| 2018-08-03 | Dividend | $0.14 | -- |
| 2018-05-04 | Dividend | $0.14 | +16.67% |
| 2018-02-09 | Dividend | $0.12 | +20.00% |
| 2017-11-03 | Dividend | $0.10 | -- |
| 2017-08-03 | Dividend | $0.10 | -- |
| 2017-05-04 | Dividend | $0.10 | -- |
| 2017-02-02 | Dividend | $0.10 | -- |
| 2016-11-03 | Dividend | $0.10 | +25.00% |
| 2016-08-04 | Dividend | $0.08 | -- |
| 2016-05-05 | Dividend | $0.08 | -- |
| 2016-02-04 | Dividend | $0.08 | -- |
| 2015-11-05 | Dividend | $0.08 | -- |
| 2015-08-06 | Dividend | $0.08 | -- |
| 2015-05-13 | Dividend | $0.08 | -- |
| 2015-02-12 | Dividend | $0.08 | +33.33% |
| 2014-11-12 | Dividend | $0.06 | -- |
| 2014-08-14 | Dividend | $0.06 | -- |
| 2014-05-13 | Dividend | $0.06 | -- |
| 2014-02-20 | Dividend | $0.06 | -- |
| 2013-11-14 | Dividend | $0.06 | -- |
| 2013-08-20 | Dividend | $0.06 | -- |
IBTX Dividends vs. Peers
IBTX's dividend yield currently ranks #9 of 62 vs. its peers in the Southeast Regional Banks category.
Looking for More Information on IBTX dividends?
Want to see what other sources are saying about Independent Bank Group Inc's dividends? Try the links below:Independent Bank Group Inc Common Stock (IBTX) Dividend History | Nasdaq
Dividend History for Independent Bank Group Inc (IBTX) - Dividend Investor
Independent Bank Group Inc (IBTX) Dividend History - Seeking Alpha