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Prosperity Bancshares (Prosperity Bancshares) 5-Year Yield-on-Cost % : 5.19 (As of May. 12, 2024)


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What is Prosperity Bancshares 5-Year Yield-on-Cost %?

Prosperity Bancshares's yield on cost for the quarter that ended in Mar. 2024 was 5.19.


The historical rank and industry rank for Prosperity Bancshares's 5-Year Yield-on-Cost % or its related term are showing as below:

PB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.95   Med: 3.32   Max: 6.38
Current: 5.19


During the past 13 years, Prosperity Bancshares's highest Yield on Cost was 6.38. The lowest was 1.95. And the median was 3.32.


PB's 5-Year Yield-on-Cost % is ranked better than
52.64% of 1191 companies
in the Banks industry
Industry Median: 4.94 vs PB: 5.19

Competitive Comparison of Prosperity Bancshares's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Prosperity Bancshares's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Prosperity Bancshares's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Prosperity Bancshares's 5-Year Yield-on-Cost % falls into.



Prosperity Bancshares 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Prosperity Bancshares is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Prosperity Bancshares  (NYSE:PB) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Prosperity Bancshares 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Prosperity Bancshares's 5-Year Yield-on-Cost % 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