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Primis Financial Corp. operates as the bank holding company for Primis Bank that provides a range of financial services to individuals and small and medium sized businesses in the United States. Its deposit products include checking, NOW, savings, and money market accounts, as well as certificates of deposits. The company also offers commercial business and real estate, construction, secured asset based, small business administration, mortgage warehouse lending products, as well as financing for medical, dental, and veterinary businesses; residential mortgage, trust mortgage, home equity lines of credit, secured and unsecured personal, and consumer loans, as well as life insurance premium financing and demand loans. It also offers cash management services comprising investment/sweep, zero balance, and controlled disbursement accounts; and wire transfer, employer/payroll processing, night depository, depository transfer, merchant, ACH origination, and remote deposit capture services. In addition, the company provides debit cards, ATM services, notary services, and mobile and online banking. As of December 31, 2021, it operated forty full-service branches in Virginia and Maryland. The company was formerly known as Southern National Bancorp of Virginia, Inc. and changed its name to Primis Financial Corp. Primis Financial Corp. was founded in 2004 and is based in McLean, Virginia.

Primis Financial Dividend Announcement

Primis Financial announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-08
Primis Financial annual dividend for 2024 was $0.40
Primis Financial annual dividend for 2023 was $0.40
Primis Financial's trailing twelve-month (TTM) dividend yield is 3.6%
Primis Financial's payout ratio for the trailing twelve months (TTM) is 42.09%
Primis Financial's dividend growth over the last five years (2018-2023) was 4.56% year
Primis Financial's dividend growth over the last ten years (2013-2023) was 4.81% year

Primis Financial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-08$0.10quarterly2024-11-22
2024-08-09$0.10quarterly2024-08-23
2024-05-09$0.10quarterly2024-05-24
2024-02-08$0.10quarterly2024-02-23
2023-11-09$0.10quarterly2023-11-24
2023-08-10$0.10quarterly2023-08-25
2023-05-11$0.10quarterly2023-05-26
2023-02-09$0.10quarterly2023-02-24
2022-11-10$0.10quarterly2022-11-28
2022-08-11$0.10quarterly2022-08-26
2022-05-12$0.10quarterly2022-05-27
2022-02-10$0.10quarterly2022-02-25
2021-11-10$0.10quarterly2021-11-26
2021-08-12$0.10quarterly2021-08-27
2021-05-13$0.10quarterly2021-05-24
2021-02-11$0.10quarterly2021-02-26
2020-11-06$0.10quarterly2020-11-20
2020-08-07$0.10quarterly2020-08-21
2020-05-08$0.10quarterly2020-05-22
2020-02-13$0.10quarterly2020-02-28
2019-11-07$0.09quarterly2019-11-22
2019-08-09$0.09quarterly2019-08-23
2019-05-10$0.09quarterly2019-05-24
2019-02-08$0.09quarterly2019-02-22
2018-11-08$0.08quarterly2018-11-23
2018-08-10$0.08quarterly2018-08-24
2018-05-11$0.08quarterly2018-05-25
2018-02-09$0.08quarterly2018-02-23
2017-11-10$0.08quarterly2017-11-24
2017-08-10$0.08quarterly2017-08-25
2017-05-11$0.08quarterly2017-05-26
2017-02-09$0.08quarterly2017-02-24
2016-11-03$0.08quarterly2016-11-18
2016-08-04$0.08quarterly2016-08-19
2016-05-12$0.08quarterly2016-05-27
2016-02-04$0.08quarterly2016-02-19
2015-11-05$0.28quarterly2015-11-20
2015-08-06$0.08quarterly2015-08-21
2015-05-07$0.08quarterly2015-05-22
2015-02-05$0.08quarterly2015-02-20
2014-11-07$0.38quarterly2014-11-21
2014-07-31$0.08quarterly2014-08-15
2014-05-08$0.07quarterly2014-05-23
2014-02-06$0.07quarterly2014-02-21
2013-11-07$0.07quarterly2013-11-22
2013-08-08$0.07quarterly2013-08-23
2013-05-09$0.06quarterly2013-05-24
2013-02-07$0.05quarterly2013-02-22

Primis Financial Dividend per year

Primis Financial Dividend growth

Primis Financial Dividend Yield

Primis Financial current trailing twelve-month (TTM) dividend yield is 3.6%. Interested in purchasing Primis Financial stock? Use our calculator to estimate your expected dividend yield:

Primis Financial Financial Ratios

P/E ratio11.70
PEG ratio3.16
P/B ratio0.69
ROE6.09%
Payout ratio42.09%
Current ratio0.04
Quick ratio0.04
Cash Ratio0.00

Primis Financial Dividend FAQ

How much is the next Primis Financial dividend?
Primis Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Primis Financial dividend. The next Primis Financial dividend will be released in February, May, August, or November.
When is Primis Financial dividend paid?
Primis Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. 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 Primis Financial pay?
The specific amount of Primis Financial 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 Primis Financial's dividend history.
Does Primis Financial stock pay dividends?
Yes, Primis Financial 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 Primis Financial's dividend history.
How much dividend does Primis Financial pay?
Primis Financial paid $0.4 in 2024, $0.4 in 2023, $0.4 in 2022, $0.4 in 2021, and $0.4 in 2020.
How often does Primis Financial pay dividends?
Primis Financial typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Primis Financial's dividend yield?
The current dividend yield for Primis Financial is 3.6%. 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 Primis Financial's exact dividend yield.
When does Primis Financial go ex dividend?
Primis Financial's ex-dividend date for the latest dividend was on 2024-11-08. Primis Financial 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 Primis Financial dividend paid?
Primis Financial pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Primis Financial 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 Primis Financial 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 Primis Financial dividend per share?
Primis Financial paid $0.4 per share in 2024 and $0.4 per share in 2023. The amount of dividend per share that Primis Financial 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 Primis Financial 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 Primis Financial 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 Primis Financial a dividend stock?
Yes, Primis Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Primis Financial a good dividend stock?
Whether Primis Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Primis Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Primis 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.
Does Primis Financial pay dividends monthly?
Primis Financial typically pays dividends on a quarterly basis.
Does Primis Financial pay dividends quarterly?
Primis Financial currently pays dividends on a quarterly basis.
Has Primis Financial ever paid a dividend?
Yes, Primis Financial has a history of paying dividends to its shareholders. Primis Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Primis Financial dividend stocks?
To buy Primis Financial 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 Primis Financial 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 Primis Financial pay dividends 2024?
Primis Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-22. 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 Primis Financial increase its dividend in 2024?
Decisions regarding Primis Financial 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 Primis Financial dividend overview you can look into the above table of dividend history.
How Primis Financial dividend works?
The Primis Financial 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 Primis Financial's dividend process works:

1. Determination of Dividend: Primis 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, Primis 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, Primis 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 Primis 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.
How are Primis Financial dividends paid?
Primis Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Primis 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, Primis 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: Primis 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.
How many times does Primis Financial pay dividends?
Primis Financial typically pays dividends on a quarterly 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 Primis Financial pay dividends?
The general pattern is that Primis Financial pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Primis Financial dividend safe?
The safety of Primis Financial'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 Primis 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 Primis 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.