Primo Brands Dividends and Buybacks
Dividend criteria checks 2/6
Primo Brands is a dividend paying company with a current yield of 1.27% that is well covered by earnings. Last payment was on 21st November, 2024 with an ex-dividend date of 5th November, 2024.
Key information
1.3%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | 21 Nov 24 |
| Ex dividend date | 05 Nov 24 |
| Dividend per share | US$0.360 |
| Payout ratio | 0.1306% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether PRMB's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PRMB'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 (PRMB) | 1.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Beverage) | 3.0% |
| Analyst forecast (PRMB) (up to 3 years) | n/a |
Notable Dividend: PRMB's dividend (1.27%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: PRMB's dividend (1.27%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (0.1%), PRMB's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83.3%), PRMB's dividend payments are covered by cash flows.