As the day concludes, Primo Water PRMW is preparing to distribute a dividend payout of $0.08 per share, resulting in an annualized dividend yield of 2.31%. This payout is exclusive to investors who held the stock before the ex-dividend date on August 23, 2023.
Primo Water Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-23 | 4 | $0.08 | 2.31% | 2023-08-10 | 2023-08-24 | 2023-09-07 |
| 2023-06-01 | 4 | $0.08 | 2.1% | 2023-05-04 | 2023-06-02 | 2023-06-14 |
| 2023-03-09 | 4 | $0.08 | 1.97% | 2023-02-22 | 2023-03-10 | 2023-03-27 |
| 2022-11-28 | 4 | $0.07 | 2.09% | 2022-11-09 | 2022-11-29 | 2022-12-09 |
| 2022-08-23 | 4 | $0.07 | 2.3% | 2022-08-10 | 2022-08-24 | 2022-09-07 |
| 2022-06-09 | 4 | $0.07 | 1.99% | 2022-05-11 | 2022-06-10 | 2022-06-22 |
| 2022-03-10 | 4 | $0.06 | 1.57% | 2022-02-23 | 2022-03-11 | 2022-03-28 |
| 2021-11-22 | 4 | $0.06 | 1.49% | 2021-11-03 | 2021-11-23 | 2021-12-03 |
| 2021-08-18 | 4 | $0.06 | 1.48% | 2021-08-05 | 2021-08-19 | 2021-09-02 |
| 2021-06-03 | 4 | $0.06 | 1.46% | 2021-05-05 | 2021-06-04 | 2021-06-16 |
| 2021-03-11 | 4 | $0.06 | 1.54% | 2021-02-24 | 2021-03-12 | 2021-03-29 |
| 2020-11-23 | 4 | $0.06 | 1.86% | 2020-11-04 | 2020-11-24 | 2020-12-04 |
Analyzing Primo Water Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $0.24 in 2019 to $0.27 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Primo Water
From 2019 to 2022, Primo Water has demonstrated an upward trend in earnings, with earnings per share rising from $0.26 to $0.63. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
This article delves into the recent dividend payout of Primo Water and its implications for shareholders. Presently, the company is distributing a dividend of $0.08 per share, leading to an annualized dividend yield of 2.31%.
Given that Primo Water has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.
[Track real-time stock fluctuations for Primo Water on Benzinga.](https://www.benzinga.com/quote/Primo Water (NYSE: PRMW))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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