Prosperity Bancshares, Inc. (PB) Dividends
Dividend Yield and Dividend History Highlights
- If you care about predictable cash flow, note that PB reports less variability in its free cash flow than 84.1% of the dividend stocks we're tracking.
- PB has an EBITDA to net debt ratio of 679,611,000; for context, that's better than 95.43% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- As for stocks whose price is uncorrelated with PB's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: BBY, APD, PAAS, XLNX and PFE.
PB Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $74.95 | $95.63 | 37.25% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Prosperity Bancshares Inc, the dividend discount model StockNews created for the company implies a positive return of 37.25%. Digging deeper, the aspects of Prosperity Bancshares Inc's dividend discount model that we found most interesting were:
- With a market cap of roughly $6 billion, PB is in the mid-sized market cap class; here, it has a lower equity discount rate than 69.57% of stocks.
- PB's market cap of approximately $6 billion makes it a mid-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 66.49% of them.
- Based on dividend growth rate, Prosperity Bancshares Inc has been increasing its dividends at a faster rate than 80.41% of US-listed dividend-issuing stocks we observed.
PB Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-12-13 | Dividend | $0.58 | +3.57% |
| 2024-09-13 | Dividend | $0.56 | -- |
| 2024-06-14 | Dividend | $0.56 | -- |
| 2024-03-14 | Dividend | $0.56 | -- |
| 2023-12-14 | Dividend | $0.56 | +1.82% |
| 2023-09-14 | Dividend | $0.55 | -- |
| 2023-06-14 | Dividend | $0.55 | -- |
| 2023-03-14 | Dividend | $0.55 | -- |
| 2022-12-14 | Dividend | $0.55 | +5.77% |
| 2022-09-14 | Dividend | $0.52 | -- |
| 2022-06-14 | Dividend | $0.52 | -- |
| 2022-03-14 | Dividend | $0.52 | -- |
| 2021-12-14 | Dividend | $0.52 | +6.12% |
| 2021-09-14 | Dividend | $0.49 | -- |
| 2021-06-14 | Dividend | $0.49 | -- |
| 2021-03-12 | Dividend | $0.49 | -- |
| 2020-12-14 | Dividend | $0.49 | +6.52% |
| 2020-09-14 | Dividend | $0.46 | -- |
| 2020-06-12 | Dividend | $0.46 | -- |
| 2020-03-13 | Dividend | $0.46 | -- |
| 2019-12-13 | Dividend | $0.46 | +12.20% |
| 2019-09-13 | Dividend | $0.41 | -- |
| 2019-06-13 | Dividend | $0.41 | -- |
| 2019-03-14 | Dividend | $0.41 | -- |
| 2018-12-13 | Dividend | $0.41 | +13.89% |
| 2018-09-13 | Dividend | $0.36 | -- |
| 2018-06-14 | Dividend | $0.36 | -- |
| 2018-03-15 | Dividend | $0.36 | -- |
| 2017-12-14 | Dividend | $0.36 | +5.88% |
| 2017-09-14 | Dividend | $0.34 | -- |
| 2017-06-14 | Dividend | $0.34 | -- |
| 2017-03-15 | Dividend | $0.34 | -- |
| 2016-12-14 | Dividend | $0.34 | +13.33% |
| 2016-09-14 | Dividend | $0.30 | -- |
| 2016-06-15 | Dividend | $0.30 | -- |
| 2016-03-16 | Dividend | $0.30 | -- |
| 2015-12-16 | Dividend | $0.30 | +10.09% |
| 2015-09-16 | Dividend | $0.27 | -- |
| 2015-06-11 | Dividend | $0.27 | -- |
| 2015-03-12 | Dividend | $0.27 | -- |
| 2014-12-11 | Dividend | $0.27 | +13.54% |
| 2014-09-11 | Dividend | $0.24 | -- |
| 2014-06-12 | Dividend | $0.24 | -- |
| 2014-03-12 | Dividend | $0.24 | -- |
| 2013-12-12 | Dividend | $0.24 | +11.63% |
| 2013-09-12 | Dividend | $0.22 | -- |
| 2013-06-13 | Dividend | $0.22 | -- |
| 2013-03-13 | Dividend | $0.22 | -- |
| 2012-12-12 | Dividend | $0.22 | +10.26% |
| 2012-09-12 | Dividend | $0.20 | -- |
| 2012-06-13 | Dividend | $0.20 | -- |
| 2012-03-15 | Dividend | $0.20 | -- |
| 2011-12-14 | Dividend | $0.20 | +11.43% |
| 2011-09-14 | Dividend | $0.18 | -- |
| 2011-06-15 | Dividend | $0.18 | -- |
| 2011-03-16 | Dividend | $0.18 | -- |
| 2010-12-15 | Dividend | $0.18 | +12.90% |
| 2010-09-15 | Dividend | $0.16 | -- |
| 2010-06-16 | Dividend | $0.16 | -- |
| 2010-03-17 | Dividend | $0.16 | -- |
| 2009-12-16 | Dividend | $0.16 | +12.73% |
| 2009-09-11 | Dividend | $0.14 | -- |
| 2009-06-11 | Dividend | $0.14 | -- |
| 2009-03-12 | Dividend | $0.14 | -- |
| 2008-12-10 | Dividend | $0.14 | +10.00% |
| 2008-09-11 | Dividend | $0.13 | -- |
| 2008-06-12 | Dividend | $0.13 | -- |
| 2008-03-13 | Dividend | $0.13 | -- |
| 2007-12-12 | Dividend | $0.13 | +11.11% |
| 2007-09-12 | Dividend | $0.11 | -- |
| 2007-03-14 | Dividend | $0.11 | -- |
| 2006-12-13 | Dividend | $0.11 | +12.50% |
| 2006-09-13 | Dividend | $0.10 | -- |
| 2006-06-14 | Dividend | $0.10 | -- |
| 2006-03-15 | Dividend | $0.10 | -- |
| 2005-12-14 | Dividend | $0.10 | +21.21% |
| 2005-09-14 | Dividend | $0.08 | -- |
| 2005-06-15 | Dividend | $0.08 | -- |
| 2005-03-16 | Dividend | $0.08 | -- |
| 2004-12-15 | Dividend | $0.08 | +10.00% |
| 2004-09-15 | Dividend | $0.08 | -- |
| 2004-06-16 | Dividend | $0.08 | -- |
| 2004-03-11 | Dividend | $0.08 | +20.00% |
| 2003-12-11 | Dividend | $0.06 | -- |
| 2003-09-11 | Dividend | $0.06 | -- |
| 2003-06-11 | Dividend | $0.06 | -- |
| 2003-03-12 | Dividend | $0.06 | +13.64% |
| 2002-12-12 | Dividend | $0.06 | -- |
| 2002-09-12 | Dividend | $0.06 | -- |
| 2002-06-12 | Dividend | $0.06 | +9.09% |
| 2002-06-03 | Split | 2-1-for-1 Stock Split | N/A |
| 2002-03-13 | Dividend | $0.11 | +10.00% |
| 2001-12-12 | Dividend | $0.10 | -- |
| 2001-09-12 | Dividend | $0.10 | -- |
| 2001-06-13 | Dividend | $0.10 | +11.11% |
| 2001-03-14 | Dividend | $0.09 | -- |
| 2000-12-13 | Dividend | $0.09 | -- |
| 2000-09-13 | Dividend | $0.09 | -- |
| 2000-06-14 | Dividend | $0.09 | -- |
| 2000-03-15 | Dividend | $0.09 | +80.00% |
| 1999-12-15 | Dividend | $0.05 | -- |
| 1999-09-15 | Dividend | $0.05 | -- |
| 1999-06-16 | Dividend | $0.05 | -- |
| 1999-03-17 | Dividend | $0.05 | -- |
| 1999-01-04 | Dividend | $0.05 | -- |
PB Dividends vs. Peers
PB's dividend yield currently ranks #30 of 35 vs. its peers in the Southwest Regional Banks category.
Looking for More Information on PB dividends?
Want to do more research on Prosperity Bancshares Inc's dividends? Try the links below:Prosperity Bancshares Inc Common Stock (PB) Dividend History | Nasdaq
Dividend History for Prosperity Bancshares Inc (PB) - Dividend Investor
Prosperity Bancshares Inc (PB) Dividend History - Seeking Alpha