Primerica Empowers Investors with Solid Returns and Fueling Shareholder Value
Portfolio Pulse from Benzinga Insights
Primerica (NYSE:PRI) is set to deliver a dividend payout of $0.65 per share, equating to an annualized dividend yield of 1.22%. The company's dividend per share has shown a positive trend, increasing from $1.36 in 2019 to $2.20 in 2022. Primerica's earnings per share also increased from $8.22 in 2019 to $10.93 in 2022. The company's dividend yield is in the middle compared to its industry peers, with Lincoln National (NYSE:LNC) having the highest annualized dividend yield at 7.01%.
September 11, 2023 | 3:05 pm
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POSITIVE IMPACT
Primerica's dividend payout and positive trend in dividend per share and earnings per share indicate a strong financial position and potential for higher cash dividend payouts in the future.
Primerica's consistent increase in dividend per share and earnings per share from 2019 to 2022 indicates a strong financial position. This is likely to attract income-seeking investors and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Lincoln National has the highest annualized dividend yield at 7.01% among its industry peers, including Primerica.
Lincoln National is mentioned in the context of having a higher annualized dividend yield compared to Primerica. However, without additional information on Lincoln National's financial performance or dividend history, the impact on its stock price is uncertain.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50