Primis Financial Corp. (NASDAQ:FRST – Get Free Report) declared a quarterly dividend on Thursday, April 23rd. Stockholders of record on Friday, May 8th will be given a dividend of 0.10 per share on Friday, May 22nd. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Friday, May 8th.
Primis Financial has a dividend payout ratio of 24.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Primis Financial to earn $1.80 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 22.2%.
Primis Financial Stock Up 0.4%
NASDAQ:FRST opened at $13.92 on Friday. Primis Financial has a 12-month low of $7.59 and a 12-month high of $14.55. The company has a quick ratio of 0.98, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $344.80 million, a P/E ratio of 7.21 and a beta of 0.72. The stock’s fifty day simple moving average is $13.43 and its 200-day simple moving average is $12.59.
About Primis Financial
Primis Financial Corporation is a bank holding company headquartered in Waycross, Georgia, operating through its wholly owned subsidiary, Primis Bank. The company offers a full suite of commercial and retail banking services tailored to meet the needs of individuals, small businesses, and agricultural clients across its service area. Primis Bank focuses on building relationships within the communities it serves, positioning itself as a local financial partner for deposit-taking, lending, and treasury management solutions.
Primis Bank maintains a network of branch offices throughout southeastern Georgia, serving a combination of rural and suburban markets.
See Also
Receive News & Ratings for Primis Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Primis Financial and related companies with MarketBeat.com's FREE daily email newsletter.
