Pricesmart's most recent dividend payment of $0.46 per share was made to shareholders on record before Aug 14, 2023. The payout stands at $0.92 per share annually, which works out to a dividend yield of 1.24%.
PSMT has a dividend yield of 1.24% which is below the Consumer Defensive sector, the industry and its peers average. Compared to its Consumer Defensive sector average of 2.45%, Pricesmart's dividend yield is 49% lower. Historically PSMT's dividend yield has averaged at 1.1% in the last 5 years, which is below the current yield.
Pricesmart has been paying dividends for the last 16 years. According to our data PSMT has issued two dividends in the last twelve months. The annualized DPS has increased by 7% for the last year. However since the stock price has gone up by 29% from a year ago, the dividend yield has decreased by 17%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 14, 2023 | Aug 31, 2023 | Feb 3, 2023 | $0.46 | normal |
| Feb 15, 2023 | Feb 28, 2023 | Feb 3, 2023 | $0.46 | normal |
| Aug 12, 2022 | Aug 31, 2022 | Feb 3, 2022 | $0.43 | normal |
| Feb 14, 2022 | Feb 28, 2022 | Feb 3, 2022 | $0.43 | normal |
| Aug 12, 2021 | Aug 31, 2021 | Feb 4, 2021 | $0.35 | normal |
| Feb 11, 2021 | Feb 26, 2021 | Feb 4, 2021 | $0.35 | normal |
| Aug 13, 2020 | Aug 31, 2020 | Feb 6, 2020 | $0.35 | normal |
| Feb 13, 2020 | Feb 28, 2020 | Feb 6, 2020 | $0.35 | normal |
| Aug 14, 2019 | Aug 30, 2019 | Jan 30, 2019 | $0.35 | normal |
| Feb 14, 2019 | Feb 28, 2019 | Jan 30, 2019 | $0.35 | normal |
| Aug 14, 2018 | Aug 31, 2018 | Jan 24, 2018 | $0.35 | normal |
| Feb 13, 2018 | Feb 28, 2018 | Jan 24, 2018 | $0.35 | normal |
| Aug 11, 2017 | Aug 31, 2017 | Feb 1, 2017 | $0.35 | normal |
| Feb 13, 2017 | Feb 28, 2017 | Feb 1, 2017 | $0.35 | normal |
| Aug 11, 2016 | Aug 31, 2016 | Feb 3, 2016 | $0.35 | normal |
PSMT has a payout ratio of 24.4% which is lower than the Consumer Defensive sector, the industry and its peers average. In comparison with the Consumer Defensive sector average of 51.9%, Pricesmart's payout ratio is 53% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BIG Big Lots Inc | 25.32% | $1.2 | N/A |
| TGT Target Corp | 4.06% | $4.34 | 59.2% |
| DG Dollar General Corp | 2.21% | $2.28 | 23.3% |
| WMT Walmart Inc | 1.42% | $2.27 | 43.7% |
| PSMT Pricesmart Inc | 1.23% | $0.92 | 24.4% |
| COST Costco Wholesale Corp | 0.68% | $3.84 | 28.4% |
Yes, Pricesmart has been paying dividends for the last 16 years.
PSMT 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 February 2024.
Pricesmart's last regular dividend was on Aug 14, 2023 (ex-date) with the amount of $0.46 per share.
PSMT has paid dividend of $0.92 per share in the last year.
Currently Pricesmart's dividend yield is 1.24%.
Pricesmart typically pays two dividends per year.
The dividend payout ratio of Pricesmart is 24.4%.
Pricesmart's dividend yield is below the Consumer Defensive sector average.