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PINC Premier dividend history, payout ratio & dates

Premier's most recent quarterly dividend of $0.21 per share was on Aug 31, 2022 (ex-date). The annualized payout of $0.81 per share represents a current dividend yield of 2.33%. The latest PINC distribution of $0.21 marks a dividend growth of 5%.

Key dates

  • PINC last dividend date: Aug 31, 2022
  • PINC next dividend date: Not announced
PINC dividend stats
DPS
$0.81
Dividend yield
2.33%
Payout ratio
36.7%
vs. Healthcare sector
Dividend yield
1.76%
Payout ratio
36.4%

Dividend yield

What is Premier current dividend yield

PINC has a dividend yield of 2.33% which is above the Healthcare sector average. Compared to its Healthcare sector average of 1.76%, Premier's dividend yield is 32% higher.

Dividend history

What is PINC dividend payout history and dates

Premier has a history of paying dividends since 2021. Our records of PINC show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 5% for the last year. And since the stock price has gone down by 9% from a year ago, the dividend yield has increased by 16%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 31, 2022 Sep 15, 2022 Aug 4, 2022 $0.21 normal
May 31, 2022 Jun 15, 2022 Apr 21, 2022 $0.2 normal
Feb 28, 2022 Mar 15, 2022 Jan 20, 2022 $0.2 normal
Nov 30, 2021 Dec 15, 2021 Oct 21, 2021 $0.2 normal
Aug 31, 2021 Sep 15, 2021 Aug 5, 2021 $0.2 normal
May 28, 2021 Jun 15, 2021 Apr 26, 2021 $0.19 normal
Feb 26, 2021 Mar 15, 2021 Jan 21, 2021 $0.19 normal
Nov 30, 2020 Dec 15, 2020 Oct 26, 2020 $0.19 normal
Aug 31, 2020 Sep 15, 2020 Aug 11, 2020 $0.19 normal

Premier dividend payout ratio

What is Premier dividend payout ratio compared to the sector

Payout ratio

PINC has a payout ratio of 36.7% which is higher than the Healthcare sector average. But in comparison with the Healthcare sector average of 36.4%, Premier's payout ratio is only 0.8% higher.

Total amount of dividends paid per financial year (from cash flow)

PINC dividend vs peer dividends

How does PINC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PINC Premier Inc 2.33% $0.81 36.7%
MCK Mckesson Corp 0.55% $1.95 20.6%

Frequently asked questions

Does Premier pay a dividend?

Yes, Premier has paid four dividends in the last 12 months. PINC has been paying dividends since 2021.

When is Premier's next dividend?

Currently PINC's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in November 2022.

When was PINC's last dividend?

Premier's last dividend ex-date was on Aug 31, 2022. The dividend amount was $0.21 per share.

How much dividend does Premier pay (per share)?

PINC has paid dividend of $0.81 per share in the last year.

What is Premier's dividend yield?

Premier's current dividend yield is 2.33%.

How often does Premier pay dividends?

Premier has a quarterly dividend frequency.

What is Premier's dividend payout ratio?

Premier's dividend payout ratio is 36.7%.

Does Premier pay a good dividend?

Premier's dividend yield is above the Healthcare sector average.