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Primerica (Primerica) 3-Year Dividend Growth Rate

: 17.60% (As of Dec. 2023)
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Primerica's Dividends per Share for the three months ended in Dec. 2023 was $0.65.

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

PRI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 16   Med: 23.4   Max: 180.2
Current: 17.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Primerica was 180.20% per year. The lowest was 16.00% per year. And the median was 23.40% per year.

PRI's 3-Year Dividend Growth Rate is ranked better than
83.26% of 239 companies
in the Insurance industry
Industry Median: 6.3 vs PRI: 17.60

During the past 12 months, Primerica's average Dividends Per Share Growth Rate was 18.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 20.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 20.40% 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.

Primerica's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.15. As of today, Primerica's Dividend Yield % is 1.27%.

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


Competitive Comparison

For the Insurance - Life subindustry, Primerica'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.


Primerica 3-Year Dividend Growth Rate Distribution

For the Insurance industry and Financial Services sector, Primerica's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Primerica 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.


Primerica  (NYSE:PRI) 3-Year Dividend Growth Rate Explanation

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

Primerica'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 )
=0.65/ 4.25
=0.15

During the past 13 years, the highest Dividend Payout Ratio of Primerica was 0.17. The lowest was 0.10. And the median was 0.16.

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

Primerica Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7502024-02-202024-02-212024-03-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.6502023-11-202023-11-212023-12-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.6502023-08-182023-08-212023-09-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.6502023-05-192023-05-222023-06-12Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.7/214.37
=1.26 %

Current Share Price is $214.37.
Primerica's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.7.

During the past 13 years, the highest Dividend Yield of Primerica was 2.18%. The lowest was 0.70%. And the median was 1.05%.

* 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.


Primerica 3-Year Dividend Growth Rate Related Terms>


Primerica (Primerica) Business Description

Traded in Other Exchanges
Address
1 Primerica Parkway, Duluth, GA, USA, 30099
Primerica Inc is a provider of financial services to middle-income households in the United States and Canada. The company offers life insurance, mutual funds, annuities, and other financial products, distributed primarily on behalf of third parties. Primerica has three main subsidiaries: Primerica Financial Services, a marketing company; Primerica Life Insurance Company, a principal life insurance underwriting entity; and PFS Investments, which offers investment and savings products, brokerage services, and registered investment advisory. It has four segments Term Life Insurance; Investment and Savings Products; Senior Health; and Corporate and Other Distributed Products. Geogriphically, it derives a majority of its revenue from the US.
Executives
Alison S. Rand officer: Executive VP and CFO 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Glenn J. Williams officer: President 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Tracy Xiangyan Tan officer: Executive VP, Finance 5168 LONG ISLAND DR NW, ATLANTA GA 30327
Peter W. Schneider officer: Exec. VP and General Counsel 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Addison John A. Jr. director, officer: Co-Chief Executive Officer 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Gregory C. Pitts officer: Executive VP and COO 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
P George Benson director NUTRITION 21, INC., 4 MANHATTANVILLE ROAD, PURCHASE NY 10577
Amber Lynne Cottle director 3921 MILITARY ROAD NW, WASHINGTON DC 20015
Joel M. Babbit director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Sanjeev Dheer director 22 MURRAY HILL ROAD, SCARSDALE NY 10583
Barbara A. Yastine director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
William A. Kelly officer: President of Subsidiary 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Robert F Mccullough director 1170 PEACHTREE STREET, NE, SUITE 2300, ATLANTA GA 300309
C Saxby Chambliss director ONE ATLANTIC CENTER, 1201 WEST PEACHTREE STREET, SUITE 2800, ATLANTA GA 30309
Jeffrey S. Fendler officer: President of Subsidiary 3120 BRECKINRIDGE BLVD., DULUTH GA 30099