Today, September 19, 2023, marks an important moment for investors of Perrigo PRGO. The company will distribute a dividend payout of $0.27 per share, demonstrating an annualized dividend yield of 3.00%. Remember, only shareholders prior to the ex-dividend date on August 31, 2023 are eligible for this payout.
Perrigo Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-31 | 4 | $0.27 | 3.0% | 2023-08-02 | 2023-09-01 | 2023-09-19 |
| 2023-06-01 | 4 | $0.27 | 2.91% | 2023-05-04 | 2023-06-02 | 2023-06-20 |
| 2023-03-09 | 4 | $0.27 | 3.0% | 2023-02-21 | 2023-03-10 | 2023-03-28 |
| 2022-12-01 | 4 | $0.26 | 2.62% | 2022-11-03 | 2022-12-02 | 2022-12-20 |
| 2022-09-01 | 4 | $0.26 | 2.44% | 2022-08-02 | 2022-09-02 | 2022-09-20 |
| 2022-06-02 | 4 | $0.26 | 3.13% | 2022-05-05 | 2022-06-03 | 2022-06-21 |
| 2022-02-25 | 4 | $0.26 | 2.73% | 2022-02-16 | 2022-02-28 | 2022-03-17 |
| 2021-12-02 | 4 | $0.24 | 2.07% | 2021-11-02 | 2021-12-03 | 2021-12-21 |
| 2021-09-02 | 4 | $0.24 | 1.99% | 2021-08-03 | 2021-09-03 | 2021-09-21 |
| 2021-06-03 | 4 | $0.24 | 2.31% | 2021-04-19 | 2021-06-04 | 2021-06-22 |
| 2021-03-11 | 4 | $0.24 | 2.28% | 2021-02-23 | 2021-03-12 | 2021-03-30 |
| 2020-11-25 | 4 | $0.23 | 2.01% | 2020-10-22 | 2020-11-27 | 2020-12-15 |
Analyzing Perrigo 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
The company demonstrated a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $0.82 to $1.04. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For Perrigo
The earnings chart displays a decline in Perrigo's earnings per share, decreasing from $3.94 in 2019 to $1.92 in 2022. This downward trend in earnings raises concerns for income-seeking investors, as it suggests a potential impact on future cash dividend payouts. It is important to closely evaluate the factors contributing to this decrease to assess the company's financial health and dividend sustainability.
Recap
This article delves into the recent dividend payout of Perrigo and its implications for shareholders. Presently, the company is distributing a dividend of $0.27 per share, leading to an annualized dividend yield of 3.00%.
The rising dividend per share and declining earnings per share of Perrigo from 2019 to 2022 indicate a deliberate choice to prioritize dividend distribution over earnings performance.
Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.
\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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