Primo Brands Dividends and Buybacks
Dividend criteria checks 1/6
Primo Brands is a dividend paying company with a current yield of 1.27%. Next payment date is on 5th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
1.3%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | n/a |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | CA$0.489 |
| Payout ratio | n/a |
Recent dividend and buyback updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether PRMW's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PRMW's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Primo Brands Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PRMW) | 1.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Beverage) | 3.0% |
| Analyst forecast (PRMW) (up to 3 years) | 1.5% |
Notable Dividend: PRMW's dividend (1.27%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: PRMW's dividend (1.27%) is low compared to the top 25% of dividend payers in the Canadian market (6.21%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate PRMW's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83.3%), PRMW's dividend payments are covered by cash flows.