Prosperity Bancshares, Inc.

NYSE:PB Stock Report

Market Cap: US$6.0b

Prosperity Bancshares Dividend

Dividend criteria checks 5/6

Prosperity Bancshares is a dividend paying company with a current yield of 3.61% that is well covered by earnings. Next payment date is on 1st July, 2024 with an ex-dividend date of 14th June, 2024.

Key information

3.6%

Dividend yield

51%

Payout ratio

Industry average yield3.0%
Next dividend pay date01 Jul 24
Ex dividend date14 Jun 24
Dividend per sharen/a
Earnings per shareUS$4.22
Dividend yield forecast in 3Y3.7%

Recent dividend updates

Prosperity Bancshares' (NYSE:PB) Upcoming Dividend Will Be Larger Than Last Year's

Oct 28
Prosperity Bancshares' (NYSE:PB) Upcoming Dividend Will Be Larger Than Last Year's

Recent updates

Prosperity Bancshares, Inc. (NYSE:PB) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Apr 26
Prosperity Bancshares, Inc. (NYSE:PB) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Prosperity Bancshares: Far From The Best Opportunity In This Space

Mar 18

Prosperity Bancshares: Likely To Highly Reward Investors In A Lower Rate Environment

Dec 15

Prosperity Bancshares' (NYSE:PB) Upcoming Dividend Will Be Larger Than Last Year's

Oct 28
Prosperity Bancshares' (NYSE:PB) Upcoming Dividend Will Be Larger Than Last Year's

Trading Prosperity Bancshares: Enough Damage Priced In

Oct 11

Prosperity Bancshares: Priority Is To Bring Net Interest Margin Back Up

Jul 30

Prosperity Bancshares Q4 2022 Earnings Preview

Jan 24

Prosperity Bancshares announces roughly 4.6M share buyback

Jan 18

Prosperity Bancshares: Earnings Outlook Is Bright But Valuation Is Not Attractive

Jan 06

Prosperity Bancshares (NYSE:PB) Is Paying Out A Larger Dividend Than Last Year

Dec 09
Prosperity Bancshares (NYSE:PB) Is Paying Out A Larger Dividend Than Last Year

Prosperity Bancshares (NYSE:PB) Is Increasing Its Dividend To $0.55

Nov 17
Prosperity Bancshares (NYSE:PB) Is Increasing Its Dividend To $0.55

Prosperity Bancshares (NYSE:PB) Will Pay A Larger Dividend Than Last Year At $0.55

Nov 01
Prosperity Bancshares (NYSE:PB) Will Pay A Larger Dividend Than Last Year At $0.55

Prosperity Bancshares Q3 2022 Earnings Preview

Oct 25

Prosperity Bancshares Is Trading At A Nearly 10-Year Low Valuation Level

Oct 18

Prosperity Bancshares to acquire Lone Star State Bancshares, unit

Oct 11

Prosperity Bancshares: Flattish Earnings, Unattractive Valuation

Aug 03

Prosperity Bancshares declares $0.52 dividend

Jul 21

Prosperity Bancshares: Higher Rates Help Earnings, But Persistent Loan Declines Remain Worrisome

May 20

Without Some Offense, Prosperity Bancshares' Defensive Characteristics Aren't A Big Plus Today

Feb 26

Prosperity Bancshares: Flattish Earnings Outlook

Dec 12

Do Prosperity Bancshares's (NYSE:PB) Earnings Warrant Your Attention?

Nov 28
Do Prosperity Bancshares's (NYSE:PB) Earnings Warrant Your Attention?

Prosperity Bancshares: Securities Growth To Buoy Net Interest Income

Sep 27

With EPS Growth And More, Prosperity Bancshares (NYSE:PB) Is Interesting

Aug 03
With EPS Growth And More, Prosperity Bancshares (NYSE:PB) Is Interesting

Prosperity Bancshares: Earnings Likely To Be Somewhat Flat

Jul 11

Prosperity Bancshares, Inc. 2021 Q1 - Results - Earnings Call Presentation

Apr 30

Prosperity Bancshares EPS beats by $0.06, beats on revenue

Apr 28

Shareholders Will Most Likely Find Prosperity Bancshares, Inc.'s (NYSE:PB) CEO Compensation Acceptable

Apr 13
Shareholders Will Most Likely Find Prosperity Bancshares, Inc.'s (NYSE:PB) CEO Compensation Acceptable

Does Prosperity Bancshares (NYSE:PB) Deserve A Spot On Your Watchlist?

Mar 29
Does Prosperity Bancshares (NYSE:PB) Deserve A Spot On Your Watchlist?

Upcoming Dividend Payment

TodayMay 28 2024Ex Dividend DateJun 14 2024Dividend Pay DateJul 01 202417 days from Ex DividendBuy in the next 17 days to receive the upcoming dividend

Stability 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
How does PB dividend yield compare to the market?
SegmentDividend Yield
Company (PB)3.6%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.7%
Industry Average (Banks)3.0%
Analyst forecast in 3 Years (PB)3.7%

Notable Dividend: PB's dividend (3.61%) is higher than the bottom 25% of dividend payers in the US market (1.52%).

High Dividend: PB's dividend (3.61%) is low compared to the top 25% of dividend payers in the US market (4.7%).


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (51.3%), PB's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PB's dividends in 3 years are forecast to be well covered by earnings (38% payout ratio).


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