Primoris Services's most recent quarterly dividend payment of $0.06 per share was made to shareholders on record before Mar 27, 2024. The payout stands at $0.24 per share annually, which works out to a dividend yield of 0.53%.
PRIM has a dividend yield of 0.53% which is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.42%, Primoris Services's dividend yield is 63% lower. The current dividend yield is lower than the historical average of 1.0% of the last 5 years.
Primoris Services has been paying dividends for the last 16 years. According to our data PRIM has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. However since the stock price has gone up by 85% from a year ago, the dividend yield has decreased by 46%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 27, 2024 | Apr 15, 2024 | Feb 21, 2024 | $0.06 | normal |
| Dec 28, 2023 | Jan 12, 2024 | Nov 7, 2023 | $0.06 | normal |
| Sep 28, 2023 | Oct 13, 2023 | Aug 2, 2023 | $0.06 | normal |
| Jun 29, 2023 | Jul 14, 2023 | May 3, 2023 | $0.06 | normal |
| Mar 30, 2023 | Apr 14, 2023 | Feb 22, 2023 | $0.06 | normal |
| Dec 29, 2022 | Jan 13, 2023 | Nov 3, 2022 | $0.06 | normal |
| Sep 29, 2022 | Oct 14, 2022 | Aug 3, 2022 | $0.06 | normal |
| Jun 29, 2022 | Jul 15, 2022 | May 4, 2022 | $0.06 | normal |
| Mar 30, 2022 | Apr 14, 2022 | Feb 24, 2022 | $0.06 | normal |
| Dec 30, 2021 | Jan 14, 2022 | Nov 3, 2021 | $0.06 | normal |
| Sep 29, 2021 | Oct 15, 2021 | Aug 3, 2021 | $0.06 | normal |
| Jun 29, 2021 | Jul 15, 2021 | May 4, 2021 | $0.06 | normal |
| Mar 30, 2021 | Apr 15, 2021 | Feb 19, 2021 | $0.06 | normal |
| Dec 30, 2020 | Jan 15, 2021 | Nov 5, 2020 | $0.06 | normal |
| Sep 29, 2020 | Oct 15, 2020 | Jul 31, 2020 | $0.06 | normal |
| Jun 29, 2020 | Jul 15, 2020 | May 1, 2020 | $0.06 | normal |
| Mar 30, 2020 | Apr 15, 2020 | Feb 25, 2020 | $0.06 | normal |
| Dec 30, 2019 | Jan 15, 2020 | Oct 31, 2019 | $0.06 | normal |
| Sep 27, 2019 | Oct 15, 2019 | Aug 2, 2019 | $0.06 | normal |
| Jun 27, 2019 | Jul 15, 2019 | May 3, 2019 | $0.06 | normal |
| Mar 28, 2019 | Apr 15, 2019 | Feb 26, 2019 | $0.06 | normal |
| Dec 28, 2018 | Jan 15, 2019 | Nov 2, 2018 | $0.06 | normal |
| Sep 27, 2018 | Oct 15, 2018 | Aug 2, 2018 | $0.06 | normal |
| Jun 28, 2018 | Jul 13, 2018 | May 4, 2018 | $0.06 | normal |
| Mar 28, 2018 | Apr 13, 2018 | Feb 21, 2018 | $0.06 | normal |
| Dec 28, 2017 | Jan 15, 2018 | Nov 2, 2017 | $0.06 | normal |
| Sep 28, 2017 | Oct 14, 2017 | Aug 2, 2017 | $0.055 | normal |
| Jun 28, 2017 | Jul 14, 2017 | May 5, 2017 | $0.055 | normal |
| Mar 29, 2017 | Apr 15, 2017 | Feb 21, 2017 | $0.055 | normal |
| Dec 28, 2016 | Jan 16, 2017 | Nov 2, 2016 | $0.055 | normal |
| Sep 28, 2016 | Oct 14, 2016 | Aug 3, 2016 | $0.055 | normal |
| Jun 28, 2016 | Jul 15, 2016 | May 2, 2016 | $0.055 | normal |
PRIM has a payout ratio of 10.1% which is lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 30.5%, Primoris Services's payout ratio is 67% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| KBR Kbr Inc | 0.85% | $0.56 | N/A |
| PRIM Primoris Services Corp | 0.53% | $0.24 | 10.1% |
| PWR Quanta Services Inc | 0.13% | $0.34 | 6.6% |
Yes, Primoris Services has been paying dividends for the last 16 years.
PRIM hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in June 2024.
Primoris Services's last regular dividend was on Mar 27, 2024 (ex-date) with the amount of $0.06 per share.
PRIM has paid dividend of $0.24 per share in the last year.
The current dividend yield of Primoris Services is 0.53%.
Primoris Services pays four dividends per year.
The dividend payout ratio of Primoris Services is 10.1%.
Primoris Services's dividend yield is lower than the Industrials sector average.