Prosperity Bancshares A Top Ranked SAFE Dividend Stock With 2.7% Yield

Prosperity Bancshares has been named to the Dividend Channel \’\’S.A.F.E. 25\’\’ list, signifying a stock with above-average \’\’DividendRank\’\’ statistics including a strong 2.7% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent \’\’DividendRank\’\’ report.

According to the ETF Finder at ETF Channel, Prosperity Bancshares Inc.

is a member of the iShares S&P 1500 Index ETF (ITOT)

, and is also an underlying holding representing 1.10% of the SPDR S&P Dividend ETF (SDY)

, which holds $222,696,929 worth of PB shares.

Prosperity Bancshares made the \Dividend Channel S.A.F.E. 25\ list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.

Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades »

The annualized dividend paid by Prosperity Bancshares Inc. is $2.08/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 12/14/2021. Below is a long-term dividend history chart for PB, which the report stressed as being of key importance.



PB operates in the Banking & Savings sector, among companies like JPMorgan Chase

, and Bank of America

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