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


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What is Premier 3-Year Dividend Growth Rate?

Premier's Dividends per Share for the three months ended in Dec. 2023 was $0.21.

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

PINC's 3-Year Dividend Growth Rate is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 13.7
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, Premier's average Dividends Per Share Growth Rate was 2.40% 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.

Premier's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.47. As of today, Premier's Dividend Yield % is 4.01%.

Good Sign:

Premier Inc stock dividend yield is close to 5-year high.

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


Competitive Comparison of Premier's 3-Year Dividend Growth Rate

For the Health Information Services subindustry, Premier'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.


Premier's 3-Year Dividend Growth Rate Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Premier's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Premier 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.


Premier  (NAS:PINC) 3-Year Dividend Growth Rate Explanation

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

Premier'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 )
=0.21/ 0.45
=0.47

During the past 13 years, the highest Dividend Payout Ratio of Premier was 0.60. The lowest was 0.31. And the median was 0.32.

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

Premier Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2102024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2102023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2102023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2102023-05-312023-06-012023-06-15Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.84/20.96
=4.01 %

Current Share Price is $20.96.
Premier's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.84.

During the past 13 years, the highest Dividend Yield of Premier was 4.42%. The lowest was 0.53%. And the median was 2.18%.

Good Sign:

Premier Inc stock dividend yield is close to 5-year high.

* 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.


Premier 3-Year Dividend Growth Rate Related Terms>


Premier (Premier) Business Description

Traded in Other Exchanges
N/A
Address
13034 Ballantyne Corporate Place, Charlotte, NC, USA, 28277
Premier Inc is a Charlotte, North Carolina-based national group purchasing organization providing primary supply chain services to large hospital systems and more recently to alternate outpatient locations as it expands its footprint. Through acquisitions, the company also offers a compliment of advisory services and consulting services along with software-as-a-service-based subscriptions. The company's revenue is all sourced domestically and is reported in two business segments: the core supply chain services (approximately 70% of fiscal 2019 revenue) and the consulting and technology platform of performance services (approximately 30%).
Executives
Andy Brailo officer: Chief Commercial Officer 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Andrea L. Frohning officer: Chief Human Resource Officer C/O DENTSLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Crystal Climer officer: Chief Accounting Officer PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Leigh Anderson officer: SVP, Chief Information Officer C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
David L Klatsky officer: General Counsel C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
David Alfred Hargraves officer: SVP, Supply Chain C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Craig S. Mckasson officer: Senior VP & CFO C/O PREMIER INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Jody R Davids director C/O PREMIER INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Lindsay A Powers officer: Sr. VP of People C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Stephen R. D'arcy director 20 BURTON HILLS BOULEVARD, SUITE 100, NASHVILLE TN 37215
William E Mayer director C/O LEE ENTERPRISES INC, 201 N. HARRISON ST., STE. 600, DAVENPORT IA 52801
Helen M Boudreau director 200 TECHNOLOGY SQUARE, 4TH FLOOR, CAMBRIDGE MA 02139
John T. Bigalke director C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Kelli L. Price officer: Sr. VP of People C/O PREMIER INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Susan D. Devore director, officer: President & CEO C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277