By the end of today, December 12, 2023, Primerica PRI is set to deliver a dividend payout of $0.65 per share, equating to an annualized dividend yield of 1.29%. Shareholders who owned the stock prior to the ex-dividend date on November 20, 2023 will receive this payout.
Primerica Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-20 | 4 | $0.65 | 1.29% | 2023-11-07 | 2023-11-21 | 2023-12-12 |
| 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 |
In terms of dividend yield, Primerica finds itself in the middle ground among its industry peers, while Lincoln National LNC takes the lead with the highest annualized dividend yield at 7.34%.
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
The company demonstrated a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $1.36 to $2.20. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For Primerica
From 2019 to 2022, Primerica has demonstrated an upward trend in earnings, with earnings per share rising from $8.22 to $10.93. 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 Primerica and its implications for shareholders. Presently, the company is distributing a dividend of $0.65 per share, leading to an annualized dividend yield of 1.29%.
In terms of dividend yield, Primerica finds itself in the middle ground among its industry peers, while Lincoln National takes the lead with the highest annualized dividend yield at 7.34%.
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.
Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.
[Track real-time stock fluctuations for Primerica on Benzinga.](https://www.benzinga.com/quote/Primerica (NYSE: PRI))
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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