Prime Financial Group Limited provides wealth management, self-managed superannuation fund (SMSF), accounting and business, capital, and corporate advisory services in Australia. The company offers accounting and business advisory services, such as accounting and tax compliance, business growth advisory and strategy, monitoring, outsourced CFO and accounting, grants and R&D tax incentives, and innovation and commercialization advice; and capital and corporate advisory services comprising merger and acquisition transactions, capital raising, and other capital and corporate development. It also provides wealth management services, including financial and retirement planning, superannuation advice, investment advice, life insurance, SMSF, and administration and compliance services; and wealth management and protection plus SMSF services. The company was incorporated in 1965 and is headquartered in Southbank, Australia.
Prime Financial Dividend Announcement
• Prime Financial announced a semi annually dividend of A$0.01 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-09-02
• Prime Financial annual dividend for 2024 was A$0.02
• Prime Financial annual dividend for 2023 was A$0.01
• Prime Financial's trailing twelve-month (TTM) dividend yield is 6.95%
• Prime Financial's payout ratio for the trailing twelve months (TTM) is 95.03%
• Prime Financial's dividend growth over the last five years (2018-2023) was 10.76% year
• Prime Financial's dividend growth over the last ten years (2013-2023) was 7.18% year
Prime Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-02 | A$0.01 | semi annually | 2024-09-26 |
2024-03-18 | A$0.01 | semi annually | |
2023-09-01 | A$0.01 | semi annually | 2023-09-29 |
2023-03-03 | A$0.01 | semi annually | 2023-03-31 |
2022-09-02 | A$0.01 | semi annually | 2022-09-30 |
2022-03-04 | A$0.01 | semi annually | 2022-04-01 |
2021-09-03 | A$0.00 | semi annually | 2021-10-01 |
2021-04-01 | A$0.00 | semi annually | 2021-05-03 |
2020-10-02 | A$0.00 | semi annually | 2020-11-02 |
2020-04-02 | A$0.00 | semi annually | 2020-05-01 |
2019-09-26 | A$0.00 | semi annually | 2019-11-01 |
2019-04-04 | A$0.00 | semi annually | 2019-05-03 |
2018-09-27 | A$0.00 | semi annually | 2018-11-01 |
2018-03-29 | A$0.00 | semi annually | 2018-04-27 |
2017-09-27 | A$0.00 | semi annually | 2017-10-26 |
2017-03-31 | A$0.00 | semi annually | 2017-04-28 |
2016-09-28 | A$0.00 | semi annually | 2016-10-27 |
2016-03-31 | A$0.00 | semi annually | 2016-04-29 |
2015-09-25 | A$0.00 | semi annually | 2015-10-27 |
2015-03-30 | A$0.00 | semi annually | 2015-04-29 |
2014-09-26 | A$0.00 | semi annually | 2014-10-28 |
2014-03-20 | A$0.00 | semi annually | 2014-04-23 |
2013-09-25 | A$0.01 | semi annually | 2013-10-29 |
2013-03-14 | A$0.00 | semi annually | 2013-04-17 |
Prime Financial Dividend per year
Prime Financial Dividend growth
Prime Financial Dividend Yield
Prime Financial current trailing twelve-month (TTM) dividend yield is 6.95%. Interested in purchasing Prime Financial stock? Use our calculator to estimate your expected dividend yield:
Prime Financial Financial Ratios
Prime Financial Dividend FAQ
Other factors to consider when evaluating Prime Financial 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: Prime Financial'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, Prime Financial 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, Prime Financial 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 Prime Financial 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: Prime Financial 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, Prime Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Prime Financial 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 Prime Financial'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 Prime Financial'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.