Primo Water Dividend
Dividend criteria checks 4/6
Primo Water is a dividend paying company with a current yield of 1.91% that is well covered by earnings.
Key information
1.9%
Dividend yield
80%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.40 |
| Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Recent updates
The 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 18Primo Water: Shares Have Room To Run
Aug 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PRMW's dividend payments have been volatile 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) | 1.9% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Beverage) | 2.8% |
| Analyst forecast in 3 Years (PRMW) | 2.3% |
Notable Dividend: PRMW's dividend (1.91%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: PRMW's dividend (1.91%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80%), PRMW's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.4%), PRMW's dividend payments are well covered by cash flows.