Prosperity Bancshares, Inc. ( PB ) will begin trading ex-dividend on June 12, 2014. A cash dividend payment of $0.24 per share is scheduled to be paid on July 01, 2014. Shareholders who purchased PB stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that PB has paid the same dividend. At the current stock price of $61.08, the dividend yield is 1.57%.
The previous trading day's last sale of PB was $61.08, representing a -9.75% decrease from the 52 week high of $67.68 and a 26.17% increase over the 52 week low of $48.41.
PB is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). PB's current earnings per share, an indicator of a company's profitability, is $3.79. Zacks Investment Research reports PB's forecasted earnings growth in 2014 as 14.6%, compared to an industry average of 6.1%.
Interested in gaining exposure to PB through an Exchange Traded Fund [ETF]?
The following ETF(s) have PB as a top-10 holding:
- iShares U.S. Regional Banks ETF ( IAT )
- iShares Russell 2000 Value Index Fund ( IWN )
- Vanguard Russell 2000 Value ETF ( VTWV )
- ProShares Ultra Russell2000 Value ( UVT ).
The top-performing ETF of this group is UVT with an increase of 7.84% over the last 100 days. IAT has the highest percent weighting of PB at 0.93%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.