PB Prosperity Bancshares dividend history, payout ratio & dates
Prosperity Bancshares's latest cash dividend of $0.56 per share was issued to shareholders on record before Sep 13, 2024. The dividend distribution stands at $2.24 per share annually, which comes to a dividend yield of 2.72%.
Key dates
- PB last dividend date: Sep 13, 2024
PB dividend stats
vs. Financial Services sector
Dividend yield
PB has a dividend yield of 2.72% which is above the Financial Services sector and its peers average but below the industry average. Compared to its Financial Services sector average of 2.58%, Prosperity Bancshares's dividend yield is 5% higher. The current dividend yield is below the historical average of 3.1% of the last 5 years.
Dividend history
Prosperity Bancshares has been paying dividends for the last 26 years. Our records show that PB has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 1.8% since twelve months ago. However with the price of the stock up by 41% from a year ago, the dividend yield has a decrease of 28%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 13, 2024 | $0.56 | 3.09% |
| Jun 14, 2024 | $0.56 | 3.88% |
| Mar 14, 2024 | $0.56 | 3.66% |
| Dec 14, 2023 | $0.56 | 3.27% |
| Sep 14, 2023 | $0.55 | 3.87% |
| Jun 14, 2023 | $0.55 | 3.68% |
| Mar 14, 2023 | $0.55 | 3.44% |
| Dec 14, 2022 | $0.55 | 3.06% |
| Sep 14, 2022 | $0.52 | 2.96% |
| Jun 14, 2022 | $0.52 | 3.04% |
| Mar 14, 2022 | $0.52 | 2.85% |
| Dec 14, 2021 | $0.52 | 2.78% |
| Sep 14, 2021 | $0.49 | 2.99% |
| Jun 14, 2021 | $0.49 | 2.6% |
| Mar 12, 2021 | $0.49 | 2.36% |
| Dec 14, 2020 | $0.49 | 2.84% |
| Sep 14, 2020 | $0.46 | 3.52% |
| Jun 12, 2020 | $0.46 | 2.9% |
| Mar 13, 2020 | $0.46 | 3.07% |
| Dec 13, 2019 | $0.46 | 2.38% |
| Sep 13, 2019 | $0.41 | 2.31% |
| Jun 13, 2019 | $0.41 | 2.38% |
| Mar 14, 2019 | $0.41 | 2.11% |
| Dec 13, 2018 | $0.41 | 2.35% |
| Sep 13, 2018 | $0.36 | 1.97% |
| Jun 14, 2018 | $0.36 | 1.97% |
| Mar 15, 2018 | $0.36 | 1.82% |
| Dec 14, 2017 | $0.36 | 2% |
| Sep 14, 2017 | $0.34 | 2.27% |
| Jun 14, 2017 | $0.34 | 1.96% |
| Mar 15, 2017 | $0.34 | 1.77% |
| Dec 14, 2016 | $0.34 | 1.79% |
| Sep 14, 2016 | $0.3 | 2.28% |
| Jun 15, 2016 | $0.3 | 2.33% |
| Mar 16, 2016 | $0.3 | 2.6% |
| Dec 16, 2015 | $0.3 | 2.26% |
| Sep 16, 2015 | $0.273 | 2.14% |
| Jun 11, 2015 | $0.273 | 1.83% |
| Mar 12, 2015 | $0.273 | 1.92% |
Prosperity Bancshares dividend payout ratio
Payout ratio
PB has a payout ratio of 47.7% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 44%, Prosperity Bancshares's payout ratio is 8% higher.
Total amount of dividends paid per financial year (from cash flow)
PB dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SBSI Southside Bancshares Inc | 4.12% | $1.44 | 52% |
| PB Prosperity Bancshares Inc | 2.72% | $2.24 | 47.7% |
| IBTX Independent Bank Group Inc | 2.35% | $1.52 | N/A |
| CFR Cullen/Frost Bankers Inc | 2% | $2.79 | 34.6% |
| IBOC International Bancshares Corp | 1.84% | $1.32 | 20.5% |
| FFIN First Financial Bankshares Inc | 1.74% | $0.72 | 49.7% |
Frequently asked questions
Does Prosperity Bancshares pay a dividend?
Yes, Prosperity Bancshares has been paying dividends for the last 26 years.
When was PB's last dividend?
Prosperity Bancshares's last regular dividend was on Sep 13, 2024 (ex-date) with the amount of $0.56 per share.
How much dividend does Prosperity Bancshares pay (per share)?
PB has paid dividend of $2.24 per share in the last year.
What is Prosperity Bancshares's dividend yield?
Prosperity Bancshares's current dividend yield is 2.72%.
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 47.7%.
Does Prosperity Bancshares pay a good dividend?
Prosperity Bancshares's dividend yield is above the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.