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PRIM Primoris Services dividend history, payout ratio & dates

Primoris Services's most recent quarterly dividend payment of $0.06 per share was made to shareholders on record before Sep 29, 2022. The payout stands at $0.24 per share annually, which works out to a dividend yield of 1.45%.

Key dates

  • PRIM last dividend date: Sep 29, 2022
  • PRIM next dividend date: Not announced
PRIM dividend stats
DPS
$0.24
Dividend yield
1.46%
Payout ratio
10.6%
vs. Industrials sector
Dividend yield
1.69%
Payout ratio
28.8%

Dividend yield

What is Primoris Services current dividend yield

PRIM has a dividend yield of 1.45% which is higher than the industry average but lower than the Industrials sector average. In comparison with the Industrials sector average of 1.69%, Primoris Services's dividend yield is 14% lower. The current dividend yield is higher than the historical average of 1.1% of the last 5 years.

Dividend history

What is PRIM dividend payout history and dates

Primoris Services has been paying dividends for the last 14 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 down by 34% from a year ago, the dividend yield has an increase of 51%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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

Primoris Services dividend payout ratio

What is Primoris Services dividend payout ratio compared to the sector

Payout ratio

PRIM has a payout ratio of 10.6% which is lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 28.8%, Primoris Services's payout ratio is 63% lower.

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

PRIM dividend vs peer dividends

How does PRIM dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PRIM Primoris Services Corp 1.46% $0.24 10.6%
KBR Kbr Inc 1.08% $0.47 44.8%
PWR Quanta Services Inc 0.21% $0.27 8.5%

Frequently asked questions

Does Primoris Services pay a dividend?

Yes, Primoris Services has been paying dividends for the last 14 years.

When is Primoris Services's next dividend?

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 December 2022.

When was PRIM's last dividend?

Primoris Services's last regular dividend was on Sep 29, 2022 (ex-date) with the amount of $0.06 per share.

How much dividend does Primoris Services pay (per share)?

PRIM has paid dividend of $0.24 per share in the last year.

What is Primoris Services's dividend yield?

The current dividend yield of Primoris Services is 1.45%.

How often does Primoris Services pay dividends?

Primoris Services pays four dividends per year.

What is Primoris Services's dividend payout ratio?

The dividend payout ratio of Primoris Services is 10.6%.

Does Primoris Services pay a good dividend?

Primoris Services's dividend yield is lower than the Industrials sector average.