By the end of today, September 11, 2023, Primerica PRI is set to deliver a dividend payout of $0.65 per share, equating to an annualized dividend yield of 1.22%. The company's dividend payout went ex-dividend on August 18, 2023, so only the investors that owned the stock prior to the ex-dividend date will receive this payout.
Primerica Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-18 | 4 | $0.65 | 1.22% | 2023-08-07 | 2023-08-21 | 2023-09-11 |
| 2023-05-19 | 4 | $0.65 | 1.43% | 2023-05-08 | 2023-05-22 | 2023-06-12 |
| 2023-02-17 | 4 | $0.65 | 1.59% | 2023-02-07 | 2023-02-21 | 2023-03-14 |
| 2022-11-21 | 4 | $0.55 | 1.54% | 2022-11-08 | 2022-11-22 | 2022-12-14 |
| 2022-08-19 | 4 | $0.55 | 1.71% | 2022-08-08 | 2022-08-22 | 2022-09-14 |
| 2022-05-19 | 4 | $0.55 | 1.63% | 2022-05-05 | 2022-05-20 | 2022-06-14 |
| 2022-02-18 | 4 | $0.55 | 1.43% | 2022-02-08 | 2022-02-22 | 2022-03-14 |
| 2021-11-19 | 4 | $0.47 | 1.06% | 2021-11-08 | 2021-11-22 | 2021-12-14 |
| 2021-08-19 | 4 | $0.47 | 1.3% | 2021-08-05 | 2021-08-20 | 2021-09-14 |
| 2021-05-20 | 4 | $0.47 | 1.17% | 2021-04-19 | 2021-05-21 | 2021-06-14 |
| 2021-02-19 | 4 | $0.47 | 1.25% | 2021-02-09 | 2021-02-22 | 2021-03-15 |
| 2020-11-19 | 4 | $0.4 | 1.41% | 2020-11-04 | 2020-11-20 | 2020-12-14 |
When comparing Primerica's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Lincoln National LNC having the highest annualized dividend yield at 7.01%.
Analyzing Primerica 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 $1.36 in 2019 to $2.20 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Primerica
The earnings chart illustrates an increase in Primerica's earnings per share, from $8.22 in 2019 to $10.93 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
This article provides an in-depth analysis of Primerica's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.65 per share, resulting in an annualized dividend yield of 1.22%.
When comparing Primerica's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Lincoln National having the highest annualized dividend yield at 7.01%.
Considering the increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, Primerica appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Primerica's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
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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