PRIM (Primoris Services) Dividend Payout Ratio : 0.05 (As of Sep. 2024)

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What is Primoris Services Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Primoris Services's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.05.

The historical rank and industry rank for Primoris Services's Dividend Payout Ratio or its related term are showing as below:

PRIM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.13 Max: 0.4
Current: 0.07

During the past 13 years, the highest Dividend Payout Ratio of Primoris Services was 0.40. The lowest was 0.07. And the median was 0.13.

PRIM's Dividend Payout Ratio is ranked better than
94.75% of 876 companies
in the Construction industry
Industry Median: 0.37 vs PRIM: 0.07

As of today (2024-12-13), the Dividend Yield % of Primoris Services is 0.30%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Primoris Services was 2.05%. The lowest was 0.29%. And the median was 0.93%.

Primoris Services's Dividends per Share for the months ended in Sep. 2024 was $0.06.

During the past 10 years, the average Dividends Per Share Growth Rate was 5.10% per year.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Primoris Services Dividend Payout Ratio Historical Data

The historical data trend for Primoris Services's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Primoris Services Dividend Payout Ratio Chart

Primoris Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.15

0.11

0.10

0.11

0.10

Primoris Services Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.06	0.07	0.17	0.06	0.05

Competitive Comparison of Primoris Services's Dividend Payout Ratio

For the Engineering & Construction subindustry, Primoris Services's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Primoris Services's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Primoris Services's Dividend Payout Ratio falls into.

Primoris Services Dividend Payout Ratio Calculation

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.24	/	2.389
	=	0.10

Primoris Services's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.06	/	1.22
	=	0.05

Primoris Services (NYSE:PRIM) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Primoris Services Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Primoris Services's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Primoris Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Primoris Services Corp (NYSE:PRIM) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

1PM:Germany 1PM:Germany

Address

2300 N. Field Street, Suite 1900, Dallas, TX, USA, 75201

Website

https://www.prim.com

Primoris Services Corp is a provider of infrastructure services operating mainly in the United States and Canada. It provides a wide range of construction services, maintenance, replacement, fabrication and engineering services to a diversified base of customers. The reportable segments are Utilities segment and the Energy segment. The Utilities segment operates in a range of services, including the installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communication systems. The Energy segment operates in a range of services that include engineering, procurement, and construction, retrofits, highway and bridge construction, demolition, site work, outages, pipeline construction and maintenance and others.

Executives

David Lee King	officer: Chief Operating Officer	2100 MCKINNEY AVE, SUITE 1500, DALLAS TX 75201
Stephen C. Cook	director	7500 SAN FELIPE, STE. 600, HOUSTON TX 77063
Thomas Edward Mccormick	officer: Chief Operating Officer	2100 MCKINNEY AVE, SUITE 1500, DALLAS TX 75201
John Schauerman	director, officer: Chief Financial Officer, other: Member - see remark	26000 COMMERCENTRE DR., LAKE FOREST CA 92630
John M. Perisich	officer: Senior VP and General Counsel, other: Member - see remark	26000 COMMERCENTRE DR., LAKE FOREST CA 92630
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
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