Perrigo Dividend
Dividend criteria checks 4/6
Perrigo is a dividend paying company with a current yield of 3.7%. Next payment date is on 18th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
3.7%
Dividend yield
18,578%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 18 Jun 24 |
| Ex dividend date | 31 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.0059 |
| Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Recent updates
Benign Growth For Perrigo Company plc (NYSE:PRGO) Underpins Its Share Price
Mar 27
These 4 Measures Indicate That Perrigo (NYSE:PRGO) Is Using Debt Extensively
Feb 01The Market Doesn't Like What It Sees From Perrigo Company plc's (NYSE:PRGO) Revenues Yet
Dec 28Perrigo's New Chapter: Its Bold Turnaround Plan Is Worth Buying
Nov 15The Prognosis For Perrigo
Aug 30Perrigo Outlook Healed By Repositioning
Jun 12Perrigo raises dividend by 5% to $0.273/share
Feb 21Perrigo: Still Languishing But Short-Term Trend Offers Encouragement
Jan 18Perrigo Non-GAAP EPS of $0.56 misses by $0.11, revenue of $1.1B misses by $40M, lowers FY adj. EPS guidance
Nov 08Perrigo to invest $170M to expand baby formula manufacturing, buys Nestlé Gateway plant
Nov 01Perrigo Company plc Is Back On Track
Oct 20Perrigo to face FDA AdCom meeting for OTC contraceptive
Sep 12Perrigo responds to 'misleading and inaccurate information' on Zantac claims
Aug 17Perrigo reports Q2 mixed results; raises FY22 organic net sales growth outlook
Aug 09Perrigo declares $0.26 dividend
Aug 02Perrigo: HRA Acquisition To Drive Significant Growth
Jul 20Perrigo unit seeks FDA over-the-counter approval for birth control pill Opill
Jul 11Perrigo: The Longer The Base The Higher In Space
Apr 12The Prognosis For Perrigo
Jan 09Perrigo: Honing In On A Long Term Bottom
Dec 16Perrigo Company plc (NYSE:PRGO) Shares Could Be 39% Below Their Intrinsic Value Estimate
Oct 17Perrigo: HRA Acquisition Is A Step In The Right Direction, But Fundamental Concerns Remain
Sep 24Here's Why Perrigo (NYSE:PRGO) Has A Meaningful Debt Burden
Jul 13Perrigo Company (PRGO) Presents At Evercore ISI Consumer & Retail Virtual Summit Conference - Slideshow
Jun 21Are Investors Undervaluing Perrigo Company plc (NYSE:PRGO) By 44%?
Jun 21Perrigo Q1 2021 Earnings Preview
May 10Perrigo - Simplifying To Unlock Appeal
May 02Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PRGO's dividends per share have been stable in the past 10 years.
Growing Dividend: PRGO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Perrigo Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PRGO) | 3.7% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Pharmaceuticals) | 2.3% |
| Analyst forecast in 3 Years (PRGO) | 4.2% |
Notable Dividend: PRGO's dividend (3.7%) is higher than the bottom 25% of dividend payers in the US market (1.49%).
High Dividend: PRGO's dividend (3.7%) is low compared to the top 25% of dividend payers in the US market (4.62%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (18578.2%), PRGO's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50%), PRGO's dividend payments are covered by cash flows.