Prosperity Bancshares, Inc. (NYSE:PB) will begin trading ex-dividend on September 14, 2020. The quarterly dividend payment of $ 0.46 per share is scheduled to be paid on October 1, 2020. The dividend yield based on the latest trading day closing price was 3.51 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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Prosperity Bancshares, Inc. recently reported second quarter financial results on July 29, 2020, before market open, the Houston based company outlined income for the second quarter of $ 1.28 per share, from the revenue of $ 284.63 million. The quarterly earnings up 8.47 percent compared with the same quarter last year. The consensus estimates are income of $ 1.15 per share from $ 279.70 million in revenue. The bottom line results beat street analysts by $ 0.13 or 11.30 percent, at the same time, top line results outshined analysts by $ 4.93 million or 1.76 percent.
Stock Performance
Shares of Prosperity Bancshares, Inc. traded low $ -0.59 or -1.11 percent on Thursday, reaching $ 52.38 with volume of 464.30 thousand shares. Prosperity Bancshares, Inc. has traded high as $ 53.53 and has cracked $ 52.31 on the downward trend
According to the previous trading day, closing price of $ 52.38, representing a 26.06 % increase from the 52 week low of $ 42.02 and a 29.58 % decrease over the 52 week high of $ 75.22.
The company has a market capital of $ 4.84 billion and is part of the Financial Services sector and Banks – Regional – US industry.
Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides retail and commercial banking services to small and medium-sized businesses, and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts.
