Prosperity Bancshares (PRSP) Raises Quarterly Dividend 11.4% to $0.195; 2.2% Yield

Prosperity Bancshares (NASDAQ: PRSP) declared a quarterly dividend of $0.195 per share, or $0.78 annualized. This is an 11.4% increase from the prior dividend of $0.175.

The dividend will be payable on January 2, 2012, to stockholders of record on December 16, 2011, with an ex-dividend date of December 14, 2011.

The annual yield on the dividend is 2.2 percent.

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