Today, December 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 3.89%. Remember, only shareholders prior to the ex-dividend date on November 30, 2023 are eligible for this payout.
Perrigo Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-30 | 4 | $0.27 | 3.89% | 2023-11-02 | 2023-12-01 | 2023-12-19 |
| 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 |
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
From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $0.82 in 2019 to $1.04 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising 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 provides an in-depth analysis of Perrigo's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.27 per share, resulting in an annualized dividend yield of 3.89%.
Considering the increase in dividend per share from 2019 to 2022 alongside a decrease in earnings per share, Perrigo appears to be focusing on maintaining dividend payments even with a decline in profitability.
Investors are advised to closely monitor the company's performance in the upcoming quarters to stay informed about any fluctuations in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Perrigo'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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