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Prosperity Bancshares (Prosperity Bancshares) Dividend Yield %

: 3.71% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Prosperity Bancshares is 3.71%.

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

PB' s Dividend Yield % Range Over the Past 10 Years
Min: 1.33   Med: 2.25   Max: 4.34
Current: 3.71

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

PB's Dividend Yield % is ranked worse than
55.08% of 1200 companies
in the Banks industry
Industry Median: 4 vs PB: 3.71

Prosperity Bancshares's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.55.

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.

As of today (2024-04-19), the Forward Dividend Yield % of Prosperity Bancshares is 3.74%.

Prosperity Bancshares's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for Prosperity Bancshares's Dividend Yield % 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.35 2.70 2.75 2.89 3.26

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 Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.89 3.48 3.84 4.03 3.26

Competitive Comparison

For the Banks - Regional subindustry, Prosperity Bancshares's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution

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

* The bar in red indicates where Prosperity Bancshares's Dividend Yield % falls into.



Prosperity Bancshares Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Prosperity Bancshares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5602024-03-142024-03-152024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.5602023-12-142023-12-152024-01-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.5502023-09-142023-09-152023-10-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.5502023-06-142023-06-152023-07-03Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Prosperity Bancshares's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.22/60.29
=3.68 %

Current Share Price is $60.29.
Prosperity Bancshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.22.

Prosperity Bancshares's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.24/60.29
=3.72 %

Current Share Price is $60.29.
Prosperity Bancshares's Dividends per Share for the forward twelve months is calculated as $0.56 * 4 = $2.24.

* 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.


Prosperity Bancshares  (NYSE:PB) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Prosperity Bancshares Dividend Yield % Related Terms

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


Prosperity Bancshares (Prosperity Bancshares) Business Description

Traded in Other Exchanges
Address
Prosperity Bank Plaza, 4295 San Felipe, Houston, TX, USA, 77027
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