Primo Water Dividends and Buybacks
Dividend criteria checks 5/6
Primo Water is a dividend paying company with a current yield of 1.49% that is well covered by earnings. Next payment date is on 21st November, 2024 with an ex-dividend date of 5th November, 2024.
Key information
1.5%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 3.2% |
| Next dividend pay date | 21 Nov 24 |
| Ex dividend date | 05 Nov 24 |
| Dividend per share | n/a |
| Payout ratio | 67% |
Recent dividend and buyback updates
Recent updates
Primo Water: Decent Valuation Post-M&A Fundamentals
Sep 03Primo Water: M&A Puts More Gains On Tap
Jun 17The New Primo Water Has Momentum Primed For An Eventual Breakout
Apr 08Primo Water: Recent Strategic Shift Displays Promising Signs
Dec 01Primo Water: Glass Is Still Half Full, Reiterate Buy
Sep 15Primo Water: Moving In The Right Direction, Buy
Jul 04Primo Water Q4 2022 Earnings Preview
Feb 22Primo Water has a new CEO
Jan 24Primo Water sees FY23 revenue $2.3B-$2.35B and issues soft guidance for FY24
Jan 09Primo Water declares $0.07 dividend
Nov 09Primo Water acquires Crystal Spring Water
Oct 12Primo Water acquires two French companies specializing in the marketing and packaging of spring water
Sep 14Primo Water CFO Jay Wells to retire
Aug 30Primo Water declares $0.07 dividend, $100M buyback program
Aug 10Primo Water acquires Highland Mountain Water
Jul 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PRMW's dividends per share have been stable in the past 10 years.
Growing Dividend: PRMW's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Primo Water Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PRMW) | 1.5% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Beverage) | 3.2% |
| Analyst forecast (PRMW) (up to 3 years) | 1.7% |
Notable Dividend: PRMW's dividend (1.49%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: PRMW's dividend (1.49%) is low compared to the top 25% of dividend payers in the US market (4.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67%), PRMW's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29%), PRMW's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/10 07:09 |
| End of Day Share Price | 2024/11/08 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Primo Water Corporation is covered by 24 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Branca | Barclays |
| null Research Department | BMO Capital Markets Equity Research |
| Kenneth Zaslow | BMO Capital Markets Equity Research |