SAN ANTONIO, April 23 /PRNewswire-FirstCall/ -- The Cullen/Frost Bankers, Inc. board of directors declared a second quarter cash dividend of $.43 per common share, an increase over the previous dividend of $.42 per common share. The dividend is payable June 15, 2009 to shareholders of record on June 1 of this year.
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Cullen/Frost Bankers, Inc. (NYSE: CFR) is a financial holding company, headquartered in San Antonio, with assets of $15.3 billion at March 31, 2009. The corporation provides a full range of commercial and consumer banking products, investment and brokerage services, insurance products and investment banking services. Its subsidiary, Frost Bank, operates more than 100 financial centers across Texas in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Rio Grande Valley and San Antonio regions. Founded in 1868, Frost is the largest bank headquartered in Texas that operates only in Texas, with a legacy of helping clients with their financial needs during three centuries.
Greg Parker
Investor Relations
210.220.5632
or
Renee Sabel
Media Relations
210.220.5416
SOURCE Cullen/Frost Bankers, Inc.
Contact: Greg Parker, Investor Relations, +1-210-220-5632, or Renee Sabel, Media Relations, +1-210-220-5416, both of Cullen/Frost Bankers, Inc.