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.

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

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

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


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

JPM
, and Bank of America

BAC
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