Primeserv Group Limited, an investment holding company, provides integrated business support services in South Africa. It operates through two segments, Integrated Business Support Services and Shared Services. The company offers permanent and temporary recruitment, temporary employment, payroll, functional outsourcing, business process outsourcing, wage bureaus, time and attendance system, customized management information reporting, HR and IR, mega-project, employee, PPE and health and safety, wellness programs, lifestyle and employee benefit, financial services, as well as productivity services and solutions. It also provides technical training, corporate training, and consulting and human capital consulting services. In addition, the company offers accredited training and skills development, and learnership services, as well as operates skills training centers. It serves a range of industries and sectors, including agriculture, automotive, banking, building and construction, design and draughting, drivers and transportation, engineering and fabrication, facilities management, financial and insurance, food production, FMCG, government services, harbors and railways, hospital, nursing, medical, logistics and distribution centers, mechanical, merchandising, mining, paper and pulp, petrochemical, pharmaceutical, power generation, retail and wholesale, secretarial and office support, tourism and hospitality, telecoms, telemarketing and call centers, warehousing, and waste management. Primeserv Group Limited was incorporated in 1997 is headquartered in Sandton, South Africa.
Primeserv Dividend Announcement
• Primeserv announced a semi annually dividend of R3.00 per ordinary share which will be made payable on 2025-01-27. Ex dividend date: 2025-01-22
• Primeserv's trailing twelve-month (TTM) dividend yield is 5.0%
• Primeserv's payout ratio for the trailing twelve months (TTM) is 32.63%
Primeserv Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-01-22 | R3.00 | semi annually | 2025-01-27 |
2024-08-28 | R10.00 | semi annually | 2024-09-02 |
2024-01-24 | R2.50 | semi annually | 2024-01-29 |
2023-08-08 | R7.00 | semi annually | 2023-08-14 |
2023-01-18 | R2.00 | semi annually | 2023-01-23 |
2022-08-31 | R6.00 | semi annually | 2022-09-05 |
2022-01-19 | R1.50 | semi annually | 2022-01-24 |
2021-07-14 | R2.50 | semi annually | 2021-07-19 |
2021-01-20 | R1.50 | semi annually | 2021-01-25 |
2020-07-15 | R1.50 | semi annually | 2020-07-20 |
2020-01-15 | R1.50 | semi annually | 2020-01-20 |
2019-07-17 | R2.50 | semi annually | 2019-07-22 |
2019-01-16 | R1.50 | semi annually | 2019-01-21 |
2018-07-18 | R1.60 | semi annually | 2018-07-23 |
2018-01-10 | R1.50 | semi annually | 2018-01-15 |
2017-07-19 | R2.00 | semi annually | 2017-07-24 |
2016-08-10 | R1.35 | semi annually | |
2015-10-05 | R1.00 | semi annually | |
2012-01-09 | R0.50 | semi annually |
Primeserv Dividend per year
Primeserv Dividend growth
Primeserv Dividend Yield
Primeserv current trailing twelve-month (TTM) dividend yield is 5.0%. Interested in purchasing Primeserv stock? Use our calculator to estimate your expected dividend yield:
Primeserv Financial Ratios
Primeserv Dividend FAQ
Other factors to consider when evaluating Primeserv 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: Primeserv'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, Primeserv 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, Primeserv 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 Primeserv 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: Primeserv 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, Primeserv distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Primeserv 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 Primeserv'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 Primeserv'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.