Prosperity Bancshares, Inc.
PB26 yrs growthFinancial Services · Stock · quarterly payer
Forward Yield
3.57%
Annual Dividend
$2.40
Payout Ratio
41%
5-Yr Growth
4.6%
Ex-Date
Sep 15, 2026
Frequency
Quarterly
Summary
As of September 2026, Prosperity Bancshares, Inc. (PB) yields 3.57% ($2.40 per share annually), with a blended fair-value estimate of $71.21 — +2% upside, so it screens as fairly valued. Dividend safety grade: A (95/100). 26 years of dividend growth.
Is PB a good dividend stock?
YesProsperity Bancshares, Inc. (PB) pays a quarterly dividend yielding 3.57% ($2.40/yr), with 26 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 26 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (41%)
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.57%
- Payout Ratio
- 41%
- Annual Dividend
- $2.40
- 5-Yr Avg Growth
- 4.6%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 26
- Frequency
- quarterly
- Beta
- 0.64
- Market Cap
- $8.1B
- P/E Ratio
- 11.7
- 5-Yr Total Return
- -7%
- 52-Week Range
- $61.07 – $77.20
- Dividend Safety
- A · 95/100
- Ever Cut?
- No
Frequently Asked Questions
PB Price — Last 12 Months
Daily close
Price Return
1 Year
+6%
3 Years
+28%
5 Years
-7%
52-Week Range
$61.07 – $77.20
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PB worth?
Fairly valuedhigh confidenceOur blended fair-value estimate for Prosperity Bancshares, Inc. is $71.21 per share, versus a market price of $70.02. That implies the stock is roughly fairly priced.
Fair Value
$71.21
Current Price
$70.02
Gap
+2%
Margin of Safety
2%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -0.4% annual free-cash-flow growth. We model 2.9% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.5% discount rate (CAPM), 2.9% stage-1 growth, 2.5% terminal growth, $5.77 EPS, $2.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PB Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full PB dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | — | $0.6000 | regular |
| Jun 15, 2026 | — | $0.6000 | regular |
| Mar 13, 2026 | — | $0.6000 | regular |
| Dec 15, 2025 | — | $0.6000 | regular |
| Sep 15, 2025 | — | $0.5800 | regular |
| Jun 13, 2025 | — | $0.5800 | regular |
| Mar 14, 2025 | — | $0.5800 | regular |
| Dec 13, 2024 | — | $0.5800 | regular |
| Sep 13, 2024 | — | $0.5600 | regular |
| Jun 14, 2024 | — | $0.5600 | regular |
| Mar 14, 2024 | — | $0.5600 | regular |
| Dec 14, 2023 | — | $0.5600 | regular |
| Sep 14, 2023 | — | $0.5500 | regular |
| Jun 14, 2023 | — | $0.5500 | regular |
Income Calculator
At $2.40 / yr per share
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