Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts, as well as and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural, and non-real estate agricultural loans, as well as construction, land development, and other land loans; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery. In addition, it provides internet banking, mobile banking, trust and wealth management, retail brokerage, mortgage services, and treasury management, as well as debit and credit cards. As of December 31, 2021, the company operated 273 full-service banking locations comprising 65 in the Houston area, including The Woodlands; 30 in the South Texas area including Corpus Christi and Victoria; 63 in the Dallas/Fort Worth, Texas area; 22 in the East Texas area; 29 in the Central Texas area, including Austin and San Antonio; 34 in the West Texas area, including Lubbock, Midland-Odessa and Abilene; 16 in the Bryan/College Station area; 6 in the Central Oklahoma area; and 8 in the Tulsa, Oklahoma area doing business as LegacyTexas Bank. Prosperity Bancshares, Inc. was founded in 1983 and is based in Houston, Texas.
Prosperity Bancshares Dividend Announcement
• Prosperity Bancshares announced a quarterly dividend of $0.58 per ordinary share which will be made payable on 2025-01-02. Ex dividend date: 2024-12-13
• Prosperity Bancshares annual dividend for 2024 was $2.26
• Prosperity Bancshares annual dividend for 2023 was $2.21
• Prosperity Bancshares's trailing twelve-month (TTM) dividend yield is 2.77%
• Prosperity Bancshares's payout ratio for the trailing twelve months (TTM) is 47.57%
• Prosperity Bancshares's dividend growth over the last five years (2018-2023) was 8.20% year
• Prosperity Bancshares's dividend growth over the last ten years (2013-2023) was 9.58% year
Prosperity Bancshares Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-13 | $0.58 | quarterly | 2025-01-02 |
| 2024-09-13 | $0.56 | quarterly | 2024-10-01 |
| 2024-06-14 | $0.56 | quarterly | 2024-07-01 |
| 2024-03-14 | $0.56 | quarterly | 2024-04-01 |
| 2023-12-14 | $0.56 | quarterly | 2024-01-02 |
| 2023-09-14 | $0.55 | quarterly | 2023-10-02 |
| 2023-06-14 | $0.55 | quarterly | 2023-07-03 |
| 2023-03-14 | $0.55 | quarterly | 2023-04-03 |
| 2022-12-14 | $0.55 | quarterly | 2023-01-03 |
| 2022-09-14 | $0.52 | quarterly | 2022-10-03 |
| 2022-06-14 | $0.52 | quarterly | 2022-07-01 |
| 2022-03-14 | $0.52 | quarterly | 2022-04-01 |
| 2021-12-14 | $0.52 | quarterly | 2022-01-03 |
| 2021-09-14 | $0.49 | quarterly | 2021-10-01 |
| 2021-06-14 | $0.49 | quarterly | 2021-07-01 |
| 2021-03-12 | $0.49 | quarterly | 2021-04-01 |
| 2020-12-14 | $0.49 | quarterly | 2021-01-04 |
| 2020-09-14 | $0.46 | quarterly | 2020-10-01 |
| 2020-06-12 | $0.46 | quarterly | 2020-07-01 |
| 2020-03-13 | $0.46 | quarterly | 2020-04-01 |
| 2019-12-13 | $0.46 | quarterly | 2020-01-02 |
| 2019-09-13 | $0.41 | quarterly | 2019-10-01 |
| 2019-06-13 | $0.41 | quarterly | 2019-07-01 |
| 2019-03-14 | $0.41 | quarterly | 2019-04-01 |
| 2018-12-13 | $0.41 | quarterly | 2019-01-02 |
| 2018-09-13 | $0.36 | quarterly | 2018-10-01 |
| 2018-06-14 | $0.36 | quarterly | 2018-07-02 |
| 2018-03-15 | $0.36 | quarterly | 2018-04-02 |
| 2017-12-14 | $0.36 | quarterly | 2018-01-02 |
| 2017-09-14 | $0.34 | quarterly | 2017-10-02 |
| 2017-06-14 | $0.34 | quarterly | 2017-07-03 |
| 2017-03-15 | $0.34 | quarterly | 2017-04-03 |
| 2016-12-14 | $0.34 | quarterly | 2017-01-03 |
| 2016-09-14 | $0.30 | quarterly | 2016-10-03 |
| 2016-06-15 | $0.30 | quarterly | 2016-07-01 |
| 2016-03-16 | $0.30 | quarterly | 2016-04-01 |
| 2015-12-16 | $0.30 | quarterly | 2016-01-04 |
| 2015-09-16 | $0.27 | quarterly | 2015-10-01 |
| 2015-06-11 | $0.27 | quarterly | 2015-07-01 |
| 2015-03-12 | $0.27 | quarterly | 2015-04-01 |
| 2014-12-11 | $0.27 | quarterly | 2015-01-02 |
| 2014-09-11 | $0.24 | quarterly | 2014-10-01 |
| 2014-06-12 | $0.24 | quarterly | 2014-07-01 |
| 2014-03-12 | $0.24 | quarterly | 2014-04-01 |
| 2013-12-12 | $0.24 | quarterly | 2014-01-02 |
| 2013-09-12 | $0.21 | quarterly | 2013-10-01 |
| 2013-06-13 | $0.21 | quarterly | 2013-07-01 |
| 2013-03-13 | $0.21 | quarterly | 2013-04-01 |
Prosperity Bancshares Dividend per year
Prosperity Bancshares Dividend growth
Prosperity Bancshares Dividend Yield
Prosperity Bancshares current trailing twelve-month (TTM) dividend yield is 2.77%. Interested in purchasing Prosperity Bancshares stock? Use our calculator to estimate your expected dividend yield:
Prosperity Bancshares Financial Ratios
P/E ratio17.32
PEG ratio7.30
P/B ratio1.05
ROE6.17%
Payout ratio47.57%
Current ratio0.57
Quick ratio0.57
Cash Ratio0.11
Prosperity Bancshares Dividend FAQ
How much is the next Prosperity Bancshares dividend?
Prosperity Bancshares's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Prosperity Bancshares dividend. The next Prosperity Bancshares dividend will be released in March, June, September, or December.
When is Prosperity Bancshares dividend paid?
Prosperity Bancshares pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Prosperity Bancshares pay?
The specific amount of Prosperity Bancshares dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Prosperity Bancshares's dividend history.
Does Prosperity Bancshares stock pay dividends?
Yes, Prosperity Bancshares does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Prosperity Bancshares's dividend history.
How much dividend does Prosperity Bancshares pay?
Prosperity Bancshares paid $2.26 in 2024, $2.21 in 2023, $2.11 in 2022, $1.99 in 2021, and $1.87 in 2020.
How often does Prosperity Bancshares pay dividends?
Prosperity Bancshares typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Prosperity Bancshares's dividend yield?
The current dividend yield for Prosperity Bancshares is 2.77%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Prosperity Bancshares's exact dividend yield.
When does Prosperity Bancshares go ex dividend?
Prosperity Bancshares's ex-dividend date for the latest dividend was on 2024-12-13. Prosperity Bancshares typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Prosperity Bancshares dividend paid?
Prosperity Bancshares pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Prosperity Bancshares increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Prosperity Bancshares will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Prosperity Bancshares dividend per share?
Prosperity Bancshares paid $2.26 per share in 2024 and $2.21 per share in 2023. The amount of dividend per share that Prosperity Bancshares pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Prosperity Bancshares a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Prosperity Bancshares a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Prosperity Bancshares a dividend stock?
Yes, Prosperity Bancshares is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Prosperity Bancshares a good dividend stock?
Whether Prosperity Bancshares is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Prosperity Bancshares has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Prosperity Bancshares as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Prosperity Bancshares as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Prosperity Bancshares pay dividends monthly?
Prosperity Bancshares typically pays dividends on a quarterly basis.
Does Prosperity Bancshares pay dividends quarterly?
Prosperity Bancshares currently pays dividends on a quarterly basis.
Has Prosperity Bancshares ever paid a dividend?
Yes, Prosperity Bancshares has a history of paying dividends to its shareholders. Prosperity Bancshares is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Prosperity Bancshares dividend stocks?
To buy Prosperity Bancshares you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Prosperity Bancshares stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Prosperity Bancshares stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Prosperity Bancshares pay dividends 2024?
Prosperity Bancshares pays dividends on a quarterly basis. 2024 dividend payments are in 2025-01-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Prosperity Bancshares increase its dividend in 2024?
Decisions regarding Prosperity Bancshares dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Prosperity Bancshares dividend overview you can look into the above table of dividend history.
How Prosperity Bancshares dividend works?
The Prosperity Bancshares dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Prosperity Bancshares's dividend process works:
1. Determination of Dividend: Prosperity Bancshares's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Prosperity Bancshares publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Prosperity Bancshares distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Prosperity Bancshares are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Prosperity Bancshares's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Prosperity Bancshares publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Prosperity Bancshares distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Prosperity Bancshares are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Prosperity Bancshares dividends paid?
Prosperity Bancshares dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Prosperity Bancshares sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Prosperity Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Prosperity Bancshares declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Prosperity Bancshares sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Prosperity Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Prosperity Bancshares declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Prosperity Bancshares pay dividends?
Prosperity Bancshares typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Prosperity Bancshares pay dividends?
The general pattern is that Prosperity Bancshares pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Prosperity Bancshares dividend safe?
The safety of Prosperity Bancshares's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Prosperity Bancshares's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Prosperity Bancshares's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Prosperity Bancshares's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Prosperity Bancshares's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.