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Praemium Limited, together with its subsidiaries, provides managed accounts platform, investment management, portfolio administration, and reporting and financial planning software in Australia and internationally. It offers managed accounts platform that enables advisers and wealth managers to construct the managed account solutions for their clients; and virtual managed accounts (VMA) and VMA administration services. The company also provides advice solutions comprising practice management, report building and plan generation, remuneration, lead generation, and client engagement services, as well as Wealthcraft services. It serves financial advisers, brokers, and accountants. Praemium Limited was incorporated in 2001 and is based in Melbourne, Australia.

Praemium Dividend Announcement

• Praemium announced a annually dividend of A$0.01 per ordinary share which will be made payable on 2024-09-19. Ex dividend date: 2024-09-04
• Praemium annual dividend for 2024 was A$0.01
• Praemium's trailing twelve-month (TTM) dividend yield is 1.55%

Praemium Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-04A$0.01annually2024-09-19
2022-07-25A$0.05annually2022-08-10

Praemium Dividend per year

Praemium Dividend Yield

Praemium current trailing twelve-month (TTM) dividend yield is 1.55%. Interested in purchasing Praemium stock? Use our calculator to estimate your expected dividend yield:

Praemium Financial Ratios

P/E ratio35.96
PEG ratio0.36
P/B ratio2.88
ROE8.15%
Payout ratio0.00%
Current ratio2.47
Quick ratio2.47
Cash Ratio1.89

Praemium Dividend FAQ

Does Praemium stock pay dividends?
Praemium does not currently pay dividends to its shareholders.
Has Praemium ever paid a dividend?
No, Praemium has no a history of paying dividends to its shareholders. Praemium is not known for its dividend payments.
Why doesn't Praemium pay dividends?
There are several potential reasons why Praemium would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Praemium ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Praemium has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Praemium a dividend aristocrat?
Praemium is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Praemium a dividend king?
Praemium is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Praemium a dividend stock?
No, Praemium is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Praemium stocks?
To buy Praemium you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Praemium stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.