NEW YORK ( TheStreet) -- The ex-dividend date for Prosperity (NYSE: PB) is tomorrow, March 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $45.85 as of 9:30 a.m. ET, the dividend yield is 1.7%. The average volume for Prosperity has been 294,400 shares per day over the past 30 days. Prosperity has a market cap of $1.99 billion and is part of the financial sector and banking industry. Shares are up 10.6% year to date as of the close of trading on Tuesday. Prosperity Bancshares, Inc. operates as the holding company for Prosperity Bank that provides a range of financial products and services to small and medium-sized businesses, and consumers in Texas. The company has a P/E ratio of 14.8, above the average banking industry P/E ratio of 14.1 and below the S&P 500 P/E ratio of 17.7.
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