Primerica's latest quarterly dividend was on Feb 20, 2024 (ex-date) with a payout of $0.75 per share. On an annualized basis, the company has a current payout of $2.7 per share. This brings the dividend yield to 1.22% based on its recent close price. The latest dividend has grown by $0.1, or 15% from the prior distribution.
PRI has a dividend yield of 1.22% which is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 3.36%, Primerica's dividend yield is 64% lower. Historically PRI's dividend yield has averaged at 1.3% in the last 5 years, which is in line with the current one.
Primerica has been paying dividends since 2010. PRI has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 17% since twelve months ago. But with the price of the stock up by 23% from a year ago, the dividend yield has a decrease of 4.7%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 20, 2024 | Mar 12, 2024 | Feb 8, 2024 | $0.75 | normal |
| Nov 20, 2023 | Dec 12, 2023 | Nov 7, 2023 | $0.65 | normal |
| Aug 18, 2023 | Sep 11, 2023 | Aug 7, 2023 | $0.65 | normal |
| May 19, 2023 | Jun 12, 2023 | May 8, 2023 | $0.65 | normal |
| Feb 17, 2023 | Mar 14, 2023 | Feb 7, 2023 | $0.65 | normal |
| Nov 21, 2022 | Dec 14, 2022 | Nov 8, 2022 | $0.55 | normal |
| Aug 19, 2022 | Sep 14, 2022 | Aug 8, 2022 | $0.55 | normal |
| May 19, 2022 | Jun 14, 2022 | May 5, 2022 | $0.55 | normal |
| Feb 18, 2022 | Mar 14, 2022 | Feb 8, 2022 | $0.55 | normal |
| Nov 19, 2021 | Dec 14, 2021 | Nov 8, 2021 | $0.47 | normal |
| Aug 19, 2021 | Sep 14, 2021 | Aug 5, 2021 | $0.47 | normal |
| May 20, 2021 | Jun 14, 2021 | May 5, 2021 | $0.47 | normal |
| Feb 19, 2021 | Mar 15, 2021 | Feb 9, 2021 | $0.47 | normal |
| Nov 19, 2020 | Dec 14, 2020 | Nov 4, 2020 | $0.4 | normal |
| Aug 20, 2020 | Sep 14, 2020 | Aug 5, 2020 | $0.4 | normal |
| May 21, 2020 | Jun 15, 2020 | Apr 29, 2020 | $0.4 | normal |
| Feb 21, 2020 | Mar 16, 2020 | Feb 11, 2020 | $0.4 | normal |
| Nov 19, 2019 | Dec 13, 2019 | Nov 6, 2019 | $0.34 | normal |
| Aug 20, 2019 | Sep 13, 2019 | Aug 7, 2019 | $0.34 | normal |
| May 21, 2019 | Jun 14, 2019 | May 7, 2019 | $0.34 | normal |
| Feb 19, 2019 | Mar 15, 2019 | Feb 7, 2019 | $0.34 | normal |
| Nov 19, 2018 | Dec 14, 2018 | Nov 6, 2018 | $0.25 | normal |
| Aug 20, 2018 | Sep 14, 2018 | Aug 7, 2018 | $0.25 | normal |
| May 21, 2018 | Jun 15, 2018 | May 8, 2018 | $0.25 | normal |
| Feb 14, 2018 | Mar 16, 2018 | Feb 7, 2018 | $0.25 | normal |
| Nov 16, 2017 | Dec 15, 2017 | Nov 6, 2017 | $0.2 | normal |
| Aug 16, 2017 | Sep 15, 2017 | Aug 7, 2017 | $0.2 | normal |
| May 17, 2017 | Jun 15, 2017 | May 8, 2017 | $0.19 | normal |
| Feb 15, 2017 | Mar 17, 2017 | Feb 7, 2017 | $0.19 | normal |
| Nov 16, 2016 | Dec 16, 2016 | Nov 7, 2016 | $0.18 | normal |
| Aug 22, 2016 | Sep 16, 2016 | Aug 10, 2016 | $0.18 | normal |
| May 18, 2016 | Jun 16, 2016 | May 9, 2016 | $0.17 | normal |
PRI has a payout ratio of 16.9% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 39.6%, Primerica's payout ratio is 57% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| LNC Lincoln National Corp | 6.28% | $1.8 | N/A |
| ALL Allstate Corp | 2.08% | $3.59 | N/A |
| PRI Primerica Inc | 1.22% | $2.7 | 16.9% |
Yes, Primerica has been paying dividends for the last 14 years.
PRI hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in May 2024.
Primerica's last regular dividend was on Feb 20, 2024 (ex-date) with the amount of $0.75 per share.
On an annual basis PRI pays $2.7 per share.
Currently Primerica's dividend yield is 1.22%.
Primerica pays dividends quarterly.
The dividend payout ratio of Primerica is 16.9%.
Primerica's dividend yield is less than the Financial Services sector average.