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Primoris Services (Primoris Services) Dividend Yield %

: 0.56% (As of Today)
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As of today (2024-04-18), the Trailing Annual Dividend Yield of Primoris Services is 0.56%.

Warning Sign:

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

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

PRIM' s Dividend Yield % Range Over the Past 10 Years
Min: 0.41   Med: 0.91   Max: 2.05
Current: 0.56

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%.

PRIM's Dividend Yield % is ranked worse than
91.87% of 959 companies
in the Construction industry
Industry Median: 2.84 vs PRIM: 0.56

Primoris Services's Dividend Payout Ratio for the three months ended in Dec. 2023 was 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.

As of today (2024-04-18), the Forward Dividend Yield % of Primoris Services is 0.56%.

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


Primoris Services Dividend Yield % Historical Data

The historical data trend for Primoris Services's Dividend Yield % 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.08 0.87 1.00 1.09 0.72

Primoris Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.09 0.97 0.79 0.73 0.72

Competitive Comparison

For the Engineering & Construction subindustry, Primoris Services's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution

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

* The bar in red indicates where Primoris Services's Dividend Yield % falls into.



Primoris Services Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.24/43.13
=0.56 %

Current Share Price is $43.13.
Primoris Services's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.24.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.24/43.13
=0.56 %

Current Share Price is $43.13.
Primoris Services's Dividends per Share for the forward twelve months is calculated as $0.06 * 4 = $0.24.

* 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  (NYSE:PRIM) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Primoris Services Dividend Yield % Related Terms

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


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