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Prosperity Bancshares (PB) Dividend Yield, Date & History

Prosperity Bancshares logo
$74.95 +0.84 (+1.13%)
(As of 12/20/2024 05:31 PM ET)

Prosperity Bancshares Dividend Summary

Dividend Yield
3.10%
Annual Dividend
$2.32
Next
Dividend Payment
Jan. 2
Dividend Increase
Track Record
27 Years
Annualized 3-Year
Dividend Growth
5.73%
Dividend Payout Ratio
49.26%

Prosperity Bancshares (PB) pays an annual dividend of $2.32 per share, with a dividend yield of 3.10%. The next quarterly payment of $0.58 per share is scheduled for Thursday, January 2, to investors who owned the stock before the ex-dividend date of Friday, December 13. PB has grown its dividend for 27 consecutive years, with an average annual increase of 1.87%. The company currently pays out 49.26% of its earnings and 45.35% of its cash flow as dividends.

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PB Dividend Payments by Quarter

The chart below displays up to four years of Prosperity Bancshares' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

PB Dividend Yield Over Time

The chart below tracks Prosperity Bancshares' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Prosperity Bancshares vs. The Competition

Compare Prosperity Bancshares' annual dividend, yield, and 3-year growth rate with averages for Finance and NYSE companies to evaluate its performance against the market.

TypeProsperity BancsharesFinance CompaniesNYSE Companies
Annual Dividend$2.32$0.02$1.39
Dividend Yield3.10%9.85%3.59%
Annualized 3-Year Dividend Growth5.73%12.89%15.78%
Track Record27 years17 years24 years

Prosperity Bancshares Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings49.26%
Based on This Year's Estimate45.94%
Based on Next Year's Estimate40.00%
Based on Cashflow45.35%

Prosperity Bancshares Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/16/2024quarterly$0.58+$0.02
3.57%
3.1%12/13/202412/13/20241/2/2025
7/17/2024Quarterly$0.56 - 3.31%9/13/20249/13/202410/1/2024
4/17/2024Quarterly$0.56 - 3.75%6/14/20246/14/20247/1/2024
1/17/2024Quarterly$0.56 - 3.46%3/14/20243/15/20244/1/2024
10/18/2023Quarterly$0.56+$0.01
1.82%
4.26%12/14/202312/15/20231/2/2024
7/19/2023quarterly$0.55 - 3.5%9/14/20239/15/202310/2/2023
4/19/2023Quarterly$0.55 - 3.6%6/14/20236/15/20237/3/2023
1/18/2023Quarterly$0.55 - 3.04%3/14/20233/15/20234/3/2023

This table shows Prosperity Bancshares' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Prosperity Bancshares Dividend - Frequently Asked Questions

The current dividend yield for Prosperity Bancshares is 3.10%. Learn more on PB's dividend yield history.

The annual dividend for PB shares is $2.32. Learn more on PB's annual dividend history.

Prosperity Bancshares pays quarterly dividends to shareholders.

Prosperity Bancshares's next quarterly dividend payment of $0.58 per share will be made to shareholders on Thursday, January 2, 2025.

Prosperity Bancshares's most recent quarterly dividend payment of $0.56 per share was made to shareholders on Tuesday, October 1, 2024.

Prosperity Bancshares's most recent ex-dividend date was Friday, December 13, 2024.

Over the past three years, the company's dividend has grown by an average of 5.73% per year.

Prosperity Bancshares has increased its dividend for the past 27 consecutive years.

The most recent change in the company's dividend was an increase of $0.02 on Wednesday, October 16, 2024.

The dividend payout ratio for PB is:
  • 49.26% based on the trailing year of earnings
  • 45.94% based on this year's estimates
  • 40.00% based on next year's estimates
  • 45.35% based on cash flow

Prosperity Bancshares' dividend yield of 3.08% is lower than the average Finance company that issues a dividend. The company's 27 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Prosperity Bancshares' dividend payout ratio of 49.26% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Prosperity Bancshares stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:PB) was last updated on 12/21/2024 by MarketBeat.com Staff
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