Cullen/Frost Bankers, Inc. Declares First-Quarter Cash Dividend, Payable on March 13, 2020; Declares Cash Dividend on Series A Noncumulative Perpetual Preferred Stock, Payable on March 16, 2020

The Cullen/Frost board declared a first-quarter cash dividend of $0.71 per common share, payable on March 13, 2020 to shareholders of record on February 28, 2020. The board of directors also declared a cash dividend of $0.3359375 per share of the Noncumulative Perpetual Preferred Stock, Series A, which is traded on the NYSE under the symbol "CFR PrA." The Series A Preferred Stock dividend is payable on March 16, 2020, to shareholders of record on February 28, 2020.