|Bid||72.44 x 800|
|Ask||74.34 x 800|
|Day's Range||73.61 - 75.45|
|52 Week Range||44.79 - 83.02|
|Beta (5Y Monthly)||1.32|
|PE Ratio (TTM)||13.05|
|Earnings Date||Apr 28, 2021|
|Forward Dividend & Yield||1.96 (2.64%)|
|Ex-Dividend Date||Mar 12, 2021|
|1y Target Est||76.87|
CEO David Zalman has done a decent job of delivering relatively good performance at Prosperity Bancshares, Inc...
In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) First Quarter 2021 Earnings Announcement, scheduled before the market opens on Wednesday, April 28, 2021, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
Prosperity Bancshares (NYSE:PB) declared a dividend payable on April 1, 2021 to its shareholders as of January 27, 2021. It was also announced that shareholders of Prosperity Bancshares's stock as of March 15, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. Prosperity Bancshares has an ex-dividend date set for for March 12, 2021. The company's current dividend payout is $0.49, which equates to a dividend yield of 2.86% at current price levels. The Significance Of Ex-Dividend Dates An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis. Prosperity Bancshares's Dividend Payouts And Yields Over the past year, Prosperity Bancshares has seen its dividend payouts and yields climb upward overall. Last year (March 13, 2020), the company's payout sat at $0.46, which has since increased by $0.03. Prosperity Bancshares's dividend yield last year was 2.72%, which has since grown by 0.14%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. To read more about Prosperity Bancshares click here. See more from BenzingaClick here for options trades from BenzingaStocks That Hit 52-Week Highs On Friday© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.