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Primo Water (TSX:PRMW) 5-Year Dividend Growth Rate : 5.80% (As of Dec. 2023)


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What is Primo Water 5-Year Dividend Growth Rate?

Primo Water's Dividends per Share for the three months ended in Dec. 2023 was C$0.11.

During the past 12 months, Primo Water's average Dividends Per Share Growth Rate was 12.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.60% 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.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Primo Water was 76.30% per year. The lowest was -26.90% per year. And the median was 0.10% per year.

Primo Water's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.67. As of today, Primo Water's Dividend Yield % is 1.72%.

Warning Sign:

Primo Water Corp stock dividend yield is close to 2-year low.

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


Competitive Comparison of Primo Water's 5-Year Dividend Growth Rate

For the Beverages - Non-Alcoholic subindustry, Primo Water's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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.


Primo Water's 5-Year Dividend Growth Rate Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Primo Water's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Primo Water's 5-Year Dividend Growth Rate falls into.



Primo Water 5-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 least square regression.

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.


Primo Water  (TSX:PRMW) 5-Year Dividend Growth Rate Explanation

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

Primo Water'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 )
=0.107/ 0.161
=0.66

During the past 13 years, the highest Dividend Payout Ratio of Primo Water was 4.95. The lowest was 0.39. And the median was 1.02.

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

Primo Water Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0902024-03-072024-03-082024-03-25Cash DividendquarterlyUSD:CAD 1.354151
USD 0.0802023-11-202023-11-212023-12-01Cash DividendquarterlyUSD:CAD 1.358700
USD 0.0802023-08-232023-08-242023-09-07Cash DividendquarterlyUSD:CAD 1.353900
USD 0.0802023-06-012023-06-022023-06-14Cash DividendquarterlyUSD:CAD 1.323200

* 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.44473759/25.91
=1.72 %

Current Share Price is C$25.91.
Primo Water's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.44473759.

During the past 13 years, the highest Dividend Yield of Primo Water was 3.67%. The lowest was 1.23%. And the median was 1.80%.

Warning Sign:

Primo Water Corp stock dividend yield is close to 2-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.


Primo Water 5-Year Dividend Growth Rate Related Terms

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Primo Water (TSX:PRMW) Business Description

Traded in Other Exchanges
Address
1200 Britannia Road East, Mississauga, ON, CAN, L4W 4T5
Primo Water is a pure-play water provider with a variety of products and services, including water delivery, exchange, refill/filtration, and water dispensers in 21 countries, mostly in North America and Europe. The firm usually initiates the customer relationship with the sale of water dispensers, and then generates recurring revenue via the water direct and exchange services (two thirds of total sales) by delivering large-format (typically three gallons or greater) water bottles to residential and commercial customers for use atop or inside the dispensers. Primo generates 75% of revenue and all its profits in North America, while its European operation has yet to turn a profit.