Primoris Services Dividends
| PRIM Stock | USD 83.26 2.84 3.53% |
At this time, Primoris Services' Dividend Yield is very stable compared to the past year. As of the 22nd of November 2024, Dividend Payout Ratio is likely to grow to 0.17, while Dividends Paid is likely to drop about 10.5 M. Primoris Services' past performance could be the main factor of why investors trade Primoris Services stock today. Investors should clearly understand every aspect of the Primoris Services dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Primoris Services' dividend schedule and payout information. Primoris Services dividends can also provide a clue to the current valuation of Primoris Services.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 12.8 M | 10.5 M | |
| Dividend Yield | 0.01 | 0.01 | |
| Dividend Payout Ratio | 0.10 | 0.17 | |
| Dividend Paid And Capex Coverage Ratio | 1.71 | 1.91 |
Primoris |
Investing in dividend-paying stocks, such as Primoris Services is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Primoris Services must own a stock before its ex-dividend date to receive its next dividend.
Primoris Services Dividends Paid Over Time
Today, most investors in Primoris Services Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Primoris Services' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Primoris Services dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
| Timeline |
Primoris Services Historical Dividend Yield Growth
A solid dividend growth pattern of Primoris Services could indicate future dividend growth is likely, which can signal long-term profitability for Primoris Services. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Primoris Services dividend as a percentage of Primoris Services stock price. Primoris Services dividend yield is a measure of Primoris Services stock productivity, which can be interpreted as interest rate earned on an Primoris Services investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
| Timeline |
Recent Primoris Services Dividends Paid (per share)
Dividends Paid |
| Timeline |
Primoris Services Expected Dividend Income Per Share
Dividend payment represents part of Primoris Services' profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Primoris Services. Primoris Services' board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$0.16 Bottom Scenario | $0.16 | $0.16 Top Scenario |
One Year
Primoris Services expected dividend income per share adjusted for ongoing price standard deviation
Primoris Services Past Distributions to stockholders
| 11th of October 2024 | ||
| 15th of July 2024 | ||
| 15th of April 2024 | ||
| 12th of January 2024 | ||
| 13th of October 2023 | ||
| 14th of July 2023 | ||
| 14th of April 2023 | ||
| 13th of January 2023 |
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Primoris Services. If investors know Primoris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Primoris Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.202 | Dividend Share 0.24 | Earnings Share 3.03 | Revenue Per Share 114.686 | Quarterly Revenue Growth 0.078 |
The market value of Primoris Services is measured differently than its book value, which is the value of Primoris that is recorded on the company's balance sheet. Investors also form their own opinion of Primoris Services' value that differs from its market value or its book value, called intrinsic value, which is Primoris Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Primoris Services' market value can be influenced by many factors that don't directly affect Primoris Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Primoris Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Primoris Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primoris Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.