Primoris Services Dividend
What is Primoris Services's current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
0.93%
Current Dividend Yield
Dividend Yield vs Market
| Primoris Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PRIM) | 0.9% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Construction) | 0.7% |
| Analyst forecast in 3 Years (PRIM) | 0.9% |
Notable Dividend: PRIM's dividend (0.93%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: PRIM's dividend (0.93%) is low compared to the top 25% of dividend payers in the US market (4.29%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2024 | 0.24 | 4 |
| 12/31/2023 | 0.24 | 4 |
| 1/30/2023 | 0.24 | 0.93 |
| 11/9/2022 | 0.24 | 1.08 |
| 8/10/2022 | 0.24 | 1.24 |
| 5/11/2022 | 0.24 | 1.05 |
| 3/2/2022 | 0.24 | 0.96 |
| 11/10/2021 | 0.24 | 0.96 |
| 8/5/2021 | 0.24 | 0.92 |
| 8/4/2021 | 0.24 | 0.89 |
| 8/3/2021 | 0.24 | 0.85 |
| 5/6/2021 | 0.24 | 0.79 |
| 5/5/2021 | 0.24 | 0.73 |
| 2/23/2021 | 0.24 | 0.7 |
| 2/22/2021 | 0.24 | 0.71 |
| 11/5/2020 | 0.24 | 0.87 |
| 8/4/2020 | 0.24 | 1.28 |
| 5/5/2020 | 0.24 | 1.48 |
| 2/25/2020 | 0.24 | 1.6 |
| 11/4/2019 | 0.24 | 1.09 |
| 8/6/2019 | 0.24 | 1.2 |
| 2/28/2019 | 0.24 | 1.16 |
| 11/6/2018 | 0.24 | 1.13 |
| 8/7/2018 | 0.24 | 1 |
| 5/8/2018 | 0.24 | 0.89 |
| 2/26/2018 | 0.24 | 0.93 |
| 11/6/2017 | 0.24 | 0.91 |
| 8/8/2017 | 0.22 | 0.79 |
| 5/8/2017 | 0.22 | 0.9 |
| 11/8/2016 | 0.22 | 0.93 |
| 8/4/2016 | 0.22 | 1.14 |
| 5/6/2016 | 0.22 | 1.11 |
| 5/5/2016 | 0.22 | 0.98 |
| 11/9/2015 | 0.22 | 1.01 |
| 8/6/2015 | 0.22 | 1.18 |
| 5/6/2015 | 0.22 | 1.17 |
| 5/5/2015 | 0.22 | 1.15 |
| 3/16/2015 | 0.16 | 0.87 |
| 3/3/2015 | 0.16 | 0.93 |
| 8/7/2014 | 0.16 | 0.66 |
| 5/6/2014 | 0.14 | 0.51 |
| 11/5/2013 | 0.14 | 0.47 |
| 8/7/2013 | 0.14 | 0.57 |
| 5/7/2013 | 0.14 | 0.67 |
| 3/7/2013 | 0.12 | 0.55 |
| 11/6/2012 | 0.12 | 0.73 |
| 8/9/2012 | 0.12 | 0.9 |
| 5/9/2012 | 0.12 | 0.99 |
| 3/1/2012 | 0.12 | 0.79 |
Stable Dividend: PRIM's dividends per share have been stable in the past 10 years.
Growing Dividend: PRIM's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.6%), PRIM's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PRIM is paying a dividend but the company has no free cash flows.