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PB Prosperity Bancshares dividend history, payout ratio & dates

Prosperity Bancshares's latest quarterly cash dividend of $0.52 per share was issued to shareholders on record before Sep 14, 2022. The dividend distribution stands at $2.08 per share annually, which comes to a dividend yield of 2.92%.

Key dates

  • PB last dividend date: Sep 14, 2022
  • PB next dividend date: Not announced
PB dividend stats
DPS
$2.08
Dividend yield
2.92%
Payout ratio
37.9%
vs. Financial Services sector
Dividend yield
2.81%
Payout ratio
30.1%

Dividend yield

What is Prosperity Bancshares current dividend yield

PB has a dividend yield of 2.92% which is above the Financial Services sector, the industry and its peers average. But compared to its Financial Services sector average of 2.81%, Prosperity Bancshares's dividend yield is only 3.9% higher. The current dividend yield is above the historical average of 2.6% of the last 5 years.

Dividend history

What is PB dividend payout history and dates

Prosperity Bancshares has been paying dividends for the last 23 years. Our records show that PB has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 6% since twelve months ago. And with the price of the stock down by 1.2% from a year ago, the dividend yield has an increase of 7%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 14, 2022 Oct 3, 2022 Jul 21, 2022 $0.52 normal
Jun 14, 2022 Jul 1, 2022 Apr 20, 2022 $0.52 normal
Mar 14, 2022 Apr 1, 2022 Jan 26, 2022 $0.52 normal
Dec 14, 2021 Jan 3, 2022 Oct 20, 2021 $0.52 normal
Sep 14, 2021 Oct 1, 2021 Jul 27, 2021 $0.49 normal
Jun 14, 2021 Jul 1, 2021 Apr 28, 2021 $0.49 normal
Mar 12, 2021 Apr 1, 2021 Jan 27, 2021 $0.49 normal
Dec 14, 2020 Jan 4, 2021 Oct 28, 2020 $0.49 normal
Sep 14, 2020 Oct 1, 2020 Jul 29, 2020 $0.46 normal
Jun 12, 2020 Jul 1, 2020 Apr 29, 2020 $0.46 normal
Mar 13, 2020 Apr 1, 2020 Jan 21, 2020 $0.46 normal
Dec 13, 2019 Jan 2, 2020 Oct 23, 2019 $0.46 normal
Sep 13, 2019 Oct 1, 2019 Jul 24, 2019 $0.41 normal
Jun 13, 2019 Jul 1, 2019 Apr 24, 2019 $0.41 normal
Mar 14, 2019 Apr 1, 2019 Jan 30, 2019 $0.41 normal
Dec 13, 2018 Jan 2, 2019 Oct 24, 2018 $0.41 normal
Sep 13, 2018 Oct 1, 2018 Jul 25, 2018 $0.36 normal
Jun 14, 2018 Jul 2, 2018 Apr 25, 2018 $0.36 normal
Mar 15, 2018 Apr 2, 2018 Jan 24, 2018 $0.36 normal
Dec 14, 2017 Jan 2, 2018 Oct 17, 2017 $0.36 normal
Sep 14, 2017 Oct 2, 2017 Jul 26, 2017 $0.34 normal
Jun 14, 2017 Jul 3, 2017 Apr 26, 2017 $0.34 normal
Mar 15, 2017 Apr 3, 2017 Jan 25, 2017 $0.34 normal
Dec 14, 2016 Jan 3, 2017 $0.34 normal
Sep 14, 2016 Oct 3, 2016 Jul 27, 2016 $0.3 normal
Jun 15, 2016 Jul 1, 2016 $0.3 normal
Mar 16, 2016 Apr 1, 2016 $0.3 normal

Prosperity Bancshares dividend payout ratio

What is Prosperity Bancshares dividend payout ratio compared to the sector

Payout ratio

PB has a payout ratio of 37.9% which is higher than the Financial Services sector and the industry average but lower than its peers average. If we compare it with the Financial Services sector average of 30.1%, Prosperity Bancshares's payout ratio is 26% higher.

Total amount of dividends paid per financial year (from cash flow)

PB dividend vs peer dividends

How does PB dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
SBSI Southside Bancshares Inc 3.71% $1.35 40.4%
PB Prosperity Bancshares Inc 2.92% $2.08 37.9%
IBOC International Bancshares Corp 2.72% $1.2 34.2%
IBTX Independent Bank Group Inc 2.32% $1.5 30.4%
CFR Cullen/Frost Bankers Inc 2.22% $3.12 47.8%
FFIN First Financial Bankshares Inc 1.46% $0.64 39.8%

Frequently asked questions

Does Prosperity Bancshares pay a dividend?

Yes, Prosperity Bancshares has been paying dividends for the last 23 years.

When is Prosperity Bancshares's next dividend?

PB hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in December 2022.

When was PB's last dividend?

Prosperity Bancshares's last regular dividend was on Sep 14, 2022 (ex-date) with the amount of $0.52 per share.

How much dividend does Prosperity Bancshares pay (per share)?

PB has paid dividend of $2.08 per share in the last year.

What is Prosperity Bancshares's dividend yield?

Prosperity Bancshares's current dividend yield is 2.92%.

How often does Prosperity Bancshares pay dividends?

Prosperity Bancshares pays four dividends per year.

What is Prosperity Bancshares's dividend payout ratio?

Prosperity Bancshares's dividend payout ratio is 37.9%.

Does Prosperity Bancshares pay a good dividend?

Prosperity Bancshares's dividend yield is similar to the Financial Services sector average.