Prosperity Bancshares Dividends and Buybacks
Dividend criteria checks 5/6
Prosperity Bancshares is a dividend paying company with a current yield of 3.16% that is well covered by earnings.
Key information
3.2%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 4.2% |
| Future Dividend Yield | 3.2% |
| Dividend Growth | 6.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$2.320 |
| Payout ratio | 48% |
Recent dividend and buyback updates
Recent updates
Prosperity Bancshares' (NYSE:PB) Dividend Will Be Increased To $0.58
Oct 23
Prosperity Bancshares: There Is Still Room For Further Upside
Sep 17Prosperity Bancshares: Close To Being Part Of The Dividend Aristocrats Group
Jun 07Prosperity Bancshares, Inc. (NYSE:PB) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 26Prosperity Bancshares: Far From The Best Opportunity In This Space
Mar 18Prosperity Bancshares: Likely To Highly Reward Investors In A Lower Rate Environment
Dec 15Trading Prosperity Bancshares: Enough Damage Priced In
Oct 11Prosperity Bancshares: Priority Is To Bring Net Interest Margin Back Up
Jul 30Prosperity Bancshares Q4 2022 Earnings Preview
Jan 24Prosperity Bancshares announces roughly 4.6M share buyback
Jan 18Prosperity Bancshares: Earnings Outlook Is Bright But Valuation Is Not Attractive
Jan 06Prosperity Bancshares Q3 2022 Earnings Preview
Oct 25Prosperity Bancshares Is Trading At A Nearly 10-Year Low Valuation Level
Oct 18Prosperity Bancshares to acquire Lone Star State Bancshares, unit
Oct 11Prosperity Bancshares: Flattish Earnings, Unattractive Valuation
Aug 03Prosperity Bancshares declares $0.52 dividend
Jul 21Prosperity Bancshares: Higher Rates Help Earnings, But Persistent Loan Declines Remain Worrisome
May 20Without Some Offense, Prosperity Bancshares' Defensive Characteristics Aren't A Big Plus Today
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PB's dividends per share have been stable in the past 10 years.
Growing Dividend: PB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Prosperity Bancshares Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PB) | 3.2% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Banks) | 2.7% |
| Analyst forecast (PB) (up to 3 years) | 3.2% |
Notable Dividend: PB's dividend (3.16%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: PB's dividend (3.16%) is low compared to the top 25% of dividend payers in the US market (4.57%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.6%), PB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PB's dividends in 3 years are forecast to be well covered by earnings (37.4% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 01:14 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Prosperity Bancshares, Inc. is covered by 40 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bryce Rowe | Baird |
| Jared Shaw | Barclays |
| Leanne Caravaggio | BMO Capital Markets Equity Research |