Prosperity Bancshares (Prosperity Bancshares) Dividend Payout Ratio : 0.55 (As of Dec. 2023)

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What is Prosperity Bancshares Dividend Payout Ratio?

Prosperity Bancshares's dividend payout ratio for the months ended in Dec. 2023 was 0.55.

The historical rank and industry rank for Prosperity Bancshares's Dividend Payout Ratio or its related term are showing as below:

PB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.33 Max: 0.48
Current: 0.48

During the past 13 years, the highest Dividend Payout Ratio of Prosperity Bancshares was 0.48. The lowest was 0.23. And the median was 0.33.

PB's Dividend Payout Ratio is ranked worse than
69.7% of 1089 companies
in the Banks industry
Industry Median: 0.34 vs PB: 0.48

As of today (2024-04-26), the Dividend Yield % of Prosperity Bancshares is 3.46%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Prosperity Bancshares was 4.34%. The lowest was 1.33%. And the median was 2.25%.

Prosperity Bancshares's Dividends per Share for the months ended in Dec. 2023 was $0.56.

During the past 12 months, Prosperity Bancshares's average Dividends Per Share Growth Rate was 4.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Prosperity Bancshares was 98.30% per year. The lowest was 5.70% per year. And the median was 11.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Prosperity Bancshares Dividend Payout Ratio Historical Data

The historical data trend for Prosperity Bancshares's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Prosperity Bancshares Dividend Payout Ratio Chart

Prosperity Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.34

0.32

0.36

0.37

0.48

Prosperity Bancshares Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.37	0.40	0.53	0.46	0.55

Competitive Comparison of Prosperity Bancshares's Dividend Payout Ratio

For the Banks - Regional subindustry, Prosperity Bancshares's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Prosperity Bancshares's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Prosperity Bancshares's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Prosperity Bancshares's Dividend Payout Ratio falls into.

Prosperity Bancshares Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Prosperity Bancshares's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.21	/	4.621
	=	0.48

Prosperity Bancshares's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.56	/	1.023
	=	0.55

Prosperity Bancshares (NYSE:PB) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Prosperity Bancshares Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Prosperity Bancshares's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Prosperity Bancshares (Prosperity Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Prosperity Bancshares Inc (NYSE:PB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

PPY:Germany

Address

Prosperity Bank Plaza, 4295 San Felipe, Houston, TX, USA, 77027

Website

https://www.prosperitybankusa.com

Prosperity Bancshares Inc follows a community bank model and provides multiple services to individuals and small to midsize businesses. It operates more than 270 branches in Texas, most of them around the Houston, Dallas-Fort Worth, Corpus Christi, and Austin metropolitan areas.

Executives

L. Jack Lord	director	4295 SAN FELIPE, HOUSTON TX 77027
Timanus H E Jr	director, officer: Executive Vice President
Asylbek Osmonov	officer: Interim CFO	4295 SAN FELIPE, HOUSTON X1 77027
Robert H Steelhammer	director	2100 W LOOP S STE 1400, HOUSTON TX 77027
Laura Murillo	director	4295 SAN FELIPE, HOUSTON TX 77027
Ileana M Blanco	director	4295 SAN FELIPE, HOUSTON TX 77027
George A. Fisk	director	LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024
Robert J. Dowdell	officer: Executive Vice President	4295 SAN FELIPE, HOUSTON TX 77027
David Zalman	director, officer: President and Chief Executive	316 E CALHOUN, EL CAMPO TX 77437
James A Bouligny	director	P O BOX 1567, EL CAMPO TX 77437
Charlotte M Rasche	officer: Executive Vice President	80 SUGAR CREEK CENTER BOULEVARD, SUGAR LAND TX 77478
Edward Z Safady	officer: President	80 SUGAR CREEK CENTER BLVD, SUGAR LAND TX 77478
Kevin J Hanigan	director, officer: President & COO	LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024
Bruce W Hunt	director
J. Mays Davenport	officer: EVP/Director of Corp Strategy	C/O LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024