Achieving Growth and Investor Rewards: Primo Water Flourishes with Strong Performance and Rising Profits
Portfolio Pulse from Benzinga Insights
Primo Water (NYSE:PRMW) is set to distribute a dividend payout of $0.08 per share, resulting in an annualized dividend yield of 2.31%. The company has shown a positive trend in dividend per share from 2019 to 2022, increasing from $0.24 to $0.27. Additionally, Primo Water's earnings per share have also increased from $0.26 to $0.63 during the same period.
September 07, 2023 | 3:05 pm
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POSITIVE IMPACT
Primo Water's dividend and earnings per share growth could attract income-seeking investors, potentially driving up the stock price in the short term.
Primo Water's consistent dividend growth and increasing earnings per share indicate strong financial health, which is attractive to income-seeking investors. This could lead to increased demand for the stock, potentially driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100