Primerica Dividends and Buybacks
Dividend criteria checks 4/6
Primerica is a dividend paying company with a current yield of 1.18% that is well covered by earnings. Next payment date is on 12th December, 2024 with an ex-dividend date of 21st November, 2024.
Key information
1.2%
Dividend yield
4.5%
Buyback Yield
| Total Shareholder Yield | 5.7% |
| Future Dividend Yield | 1.4% |
| Dividend Growth | 2.8% |
| Next dividend pay date | 12 Dec 24 |
| Ex dividend date | 21 Nov 24 |
| Dividend per share | €3.350 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PI7's dividends per share have been stable in the past 10 years.
Growing Dividend: PI7's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Primerica Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PI7) | 1.2% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Insurance) | 3.9% |
| Analyst forecast (PI7) (up to 3 years) | 1.4% |
Notable Dividend: PI7's dividend (1.18%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: PI7's dividend (1.18%) is low compared to the top 25% of dividend payers in the German market (4.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.5%), PI7's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.3%), PI7's dividend payments are well covered by cash flows.