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Primoris Services (Primoris Services) 3-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)


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What is Primoris Services 3-Year Dividend Growth Rate?

Primoris Services's Dividends per Share for the three months ended in Dec. 2023 was $0.06.

The historical rank and industry rank for Primoris Services's 3-Year Dividend Growth Rate or its related term are showing as below:

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Primoris Services was 19.50% per year. The lowest was 2.20% per year. And the median was 10.50% per year.

PRIM's 3-Year Dividend Growth Rate is not ranked *
in the Construction industry.
Industry Median: 8.7
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 10 years, the average Dividends Per Share Growth Rate was 5.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Primoris Services's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.07. As of today, Primoris Services's Dividend Yield % is 0.53%.

Warning Sign:

Primoris Services Corp stock dividend yield is close to 5-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Primoris Services's 3-Year Dividend Growth Rate

For the Engineering & Construction subindustry, Primoris Services's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Primoris Services's 3-Year Dividend Growth Rate Distribution in the Construction Industry

For the Construction industry and Industrials sector, Primoris Services's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Primoris Services's 3-Year Dividend Growth Rate falls into.



Primoris Services 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Primoris Services  (NYSE:PRIM) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Primoris Services's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.06/ 0.85
=0.07

During the past 13 years, the highest Dividend Payout Ratio of Primoris Services was 0.40. The lowest was 0.09. And the median was 0.13.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Primoris Services Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0602024-03-272024-03-282024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.0602023-12-282023-12-292024-01-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.0602023-09-282023-09-292023-10-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.0602023-06-292023-06-302023-07-14Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Primoris Services's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.24/46.42
=0.52 %

Current Share Price is $46.42.
Primoris Services's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.24.

During the past 13 years, the highest Dividend Yield of Primoris Services was 2.05%. The lowest was 0.41%. And the median was 0.91%.

Warning Sign:

Primoris Services Corp stock dividend yield is close to 5-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Primoris Services 3-Year Dividend Growth Rate Related Terms>


Primoris Services (Primoris Services) Business Description

Traded in Other Exchanges
Address
2300 N. Field Street, Suite 1900, Dallas, TX, USA, 75201
Primoris Services Corp is a specialty contractor and infrastructure company in the United States. It has three operating segments. The Utility segment specializes in a range of services, including the installation and maintenance of new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The pipeline segment constructs and maintains pipelines for the petroleum and petrochemical industries. The Energy/Renewables segment includes engineering, procurement, construction, retrofits, highway and bridge construction, demolition, and other services. The Energy/Renewables segment earns the majority of the revenue. Primoris earns most of its revenue in the U.S.
Executives
Thomas Edward Mccormick officer: Chief Operating Officer 2100 MCKINNEY AVE, SUITE 1500, DALLAS TX 75201
Stephen C. Cook director 7500 SAN FELIPE, STE. 600, HOUSTON TX 77063
David Lee King officer: Chief Operating Officer 2100 MCKINNEY AVE, SUITE 1500, DALLAS TX 75201
John M. Perisich officer: Senior VP and General Counsel, other: Member - see remark 26000 COMMERCENTRE DR., LAKE FOREST CA 92630
John Schauerman director, officer: Chief Financial Officer, other: Member - see remark 26000 COMMERCENTRE DR., LAKE FOREST CA 92630
Moreno John F Jr officer: Chief Operating Officer C/O PRIMORIS SERVICES CORPORATION, 2300 NORTH FIELD ST, SUITE 1900, DALLAS TX 75201
Michael E. Ching director C/O PRIMORIS SERVICES CORPORATION, 2300 N FIELD STREET, SUITE 1900, DALLAS TX 75201
Terry D Mccallister director 1100 H ST NW, WASHINGTON DC 20080
Jose Ramon Rodriguez director PRIMORIS SERVICES CORPORATION, 2300 NORTH FIELD STREET, SUITE 1900, DALLAS TX 75201
Thomas E. Tucker director 3 UPPER NEWPORT PLAZA DRIVE, NEWPORT BEACH CA 92660
Patricia K Wagner director 1720 NORTH FIRST STREET, SAN JOSE CA 95020
Kenneth Morris Dodgen officer: Corporate Controller 2100 MCKINNEY AVE, SUITE 1500, DALLAS TX 75201
Brian Pratt director, 10 percent owner, officer: Chairman, CEO & President, other: Member - see remark 5950 BERKSHIRE LANE, SUITE 800, DALLAS TX 75225
Carla S Mashinski director 8200 S. UNIT DRIVE, TULSA OK 74132
Travis L Stricker officer: Chief Accounting Officer 2103 RESEARCH FOREST DRIVE, THE WOODLANDS TX 77380