Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates in two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with an access to a range of products and services, including medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, and food and nutritional products, as well as purchased services, such as clinical engineering and workforce solutions. This segment also provides the ASCENDrive programs for members to receive group purchasing programs, tiers, and prices; SURPASS Performance Group services; STOCKD, an e-commerce platform; PROVIDEGX program, which identifies supply sources for drugs that are on or may be at risk of being added to the national drug shortage list, or that are vulnerable to pricing volatility, as well as direct sourcing business; SaaS informatics products; supply chain co-management services; purchased services contracts; direct sourcing solutions; and supply chain resiliency programs. The Performance Services segment provides technology and services platform with offerings that help optimize performance in three main areas, including clinical intelligence, margin improvement, and value-based care under the PINC AI brand; third party administrator services and management of health benefit programs under the Contigo Health brand; and digital invoicing and payables services that offers financial support services to healthcare product suppliers and service providers under the Remitra brand. The company also provides services to other businesses, including food service, schools, and universities. Premier, Inc. was incorporated in 2013 and is headquartered in Charlotte, North Carolina.
Premier Dividend Announcement
• Premier announced a quarterly dividend of $0.21 per ordinary share which will be made payable on 2024-12-15. Ex dividend date: 2024-11-29
• Premier annual dividend for 2024 was $0.84
• Premier annual dividend for 2023 was $0.84
• Premier's trailing twelve-month (TTM) dividend yield is 3.87%
• Premier's payout ratio for the trailing twelve months (TTM) is 62.31%
Premier Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.21 | quarterly | 2024-12-15 |
2024-08-30 | $0.21 | quarterly | 2024-09-15 |
2024-05-31 | $0.21 | quarterly | 2024-06-15 |
2024-02-29 | $0.21 | quarterly | 2024-03-15 |
2023-11-30 | $0.21 | quarterly | 2023-12-15 |
2023-08-31 | $0.21 | quarterly | 2023-09-15 |
2023-05-31 | $0.21 | quarterly | 2023-06-15 |
2023-02-28 | $0.21 | quarterly | 2023-03-15 |
2022-11-30 | $0.21 | quarterly | 2022-12-15 |
2022-08-31 | $0.21 | quarterly | 2022-09-15 |
2022-05-31 | $0.20 | quarterly | 2022-06-15 |
2022-02-28 | $0.20 | quarterly | 2022-03-15 |
2021-11-30 | $0.20 | quarterly | 2021-12-15 |
2021-08-31 | $0.20 | quarterly | 2021-09-15 |
2021-05-28 | $0.19 | quarterly | 2021-06-15 |
2021-02-26 | $0.19 | quarterly | 2021-03-15 |
2020-11-30 | $0.19 | quarterly | 2020-12-15 |
2020-08-31 | $0.19 | quarterly | 2020-09-15 |
Premier Dividend per year
Premier Dividend growth
Premier Dividend Yield
Premier current trailing twelve-month (TTM) dividend yield is 3.87%. Interested in purchasing Premier stock? Use our calculator to estimate your expected dividend yield:
Premier Financial Ratios
Premier Dividend FAQ
Other factors to consider when evaluating Premier as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Premier's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Premier publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Premier distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Premier are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Premier sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Premier distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Premier declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Premier's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Premier's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.