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 R10.00 per ordinary share which will be made payable on 2024-09-02. Ex dividend date: 2024-08-28
• Primeserv annual dividend for 2024 was R12.50
• Primeserv annual dividend for 2023 was R9.00
• Primeserv's trailing twelve-month (TTM) dividend yield is 5.21%
• Primeserv's payout ratio for the trailing twelve months (TTM) is 32.63%
• Primeserv's dividend growth over the last five years (2018-2023) was 23.76% year
Primeserv Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 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 | |
| 2011-07-18 | R2.50 | semi annually |
Primeserv Dividend per year
Primeserv Dividend growth
Primeserv Dividend Yield
Primeserv current trailing twelve-month (TTM) dividend yield is 5.21%. Interested in purchasing Primeserv stock? Use our calculator to estimate your expected dividend yield:
Primeserv Financial Ratios
P/E ratio5.98
PEG ratio5.98
P/B ratio0.93
ROE15.79%
Payout ratio32.63%
Current ratio2.75
Quick ratio2.75
Cash Ratio0.79
Primeserv Dividend FAQ
How much is the next Primeserv dividend?
Primeserv's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Primeserv dividend. The next Primeserv dividend will be released in January, or August.
When is Primeserv dividend paid?
Primeserv pays dividends on a semi annually basis. The specific dates may vary each year but are generally around January, and August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Primeserv pay?
The specific amount of Primeserv dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Primeserv's dividend history.
Does Primeserv stock pay dividends?
Yes, Primeserv does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Primeserv's dividend history.
How much dividend does Primeserv pay?
Primeserv paid R12.5 in 2024, R9.0 in 2023, R7.5 in 2022, R4.0 in 2021, and R3.0 in 2020.
How often does Primeserv pay dividends?
Primeserv typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around January, and August.
What is Primeserv's dividend yield?
The current dividend yield for Primeserv is 5.21%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Primeserv's exact dividend yield.
When does Primeserv go ex dividend?
Primeserv's ex-dividend date for the latest dividend was on 2024-08-28. Primeserv typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Primeserv dividend paid?
Primeserv pays dividends on a semi annually basis, typically around January, or August, but the exact dates can vary each year.
Will Primeserv increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Primeserv will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Primeserv dividend per share?
Primeserv paid R12.5 per share in 2024 and R9.0 per share in 2023. The amount of dividend per share that Primeserv pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Primeserv a dividend aristocrat?
No, 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 Primeserv a dividend king?
No, 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 Primeserv a dividend stock?
Yes, Primeserv is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Primeserv a good dividend stock?
Whether Primeserv is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Primeserv has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
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.
Does Primeserv pay dividends monthly?
Primeserv typically pays dividends on a semi annually basis.
Does Primeserv pay dividends quarterly?
Primeserv currently pays dividends on a semi annually basis.
Has Primeserv ever paid a dividend?
Yes, Primeserv has a history of paying dividends to its shareholders. Primeserv is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Primeserv dividend stocks?
To buy Primeserv 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Primeserv 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.
Place an order: Use the brokerage's trading platform to place an order to buy Primeserv 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.
When does Primeserv pay dividends 2024?
Primeserv pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Primeserv increase its dividend in 2024?
Decisions regarding Primeserv dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Primeserv dividend overview you can look into the above table of dividend history.
How Primeserv dividend works?
The Primeserv dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Primeserv's dividend process works:
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. 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.
How are Primeserv dividends paid?
Primeserv dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
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.
How many times does Primeserv pay dividends?
Primeserv typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Primeserv pay dividends?
The general pattern is that Primeserv pays dividends around January, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Primeserv dividend safe?
The safety of Primeserv's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
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.
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.