Primo Brands Corporation (NYSE:PRMB – Get Free Report) announced a quarterly dividend on Wednesday, July 29th. Investors of record on Monday, August 24th will be given a dividend of 0.12 per share on Tuesday, September 8th. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Monday, August 24th.
Primo Brands has decreased its dividend by an average of 0.0%annually over the last three years.
Primo Brands Stock Performance
Primo Brands stock opened at $23.15 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.71. The stock has a market cap of $8.39 billion, a PE ratio of 89.04, a P/E/G ratio of 1.59 and a beta of 0.74. Primo Brands has a 12-month low of $14.36 and a 12-month high of $26.21. The business’s 50-day moving average price is $24.00 and its two-hundred day moving average price is $21.97.
About Primo Brands
Primo Brands (NYSE: PRMB) is a consumer packaged beverage company that was established as an independent entity following a corporate spin‐off in 2023. The company specializes in the production, marketing and distribution of a broad portfolio of bottled water products, including purified, mineral and sparkling varieties. Through its focus on quality control and innovation, Primo Brands aims to deliver clean, great-tasting water in formats tailored to both at-home consumption and on-the-go lifestyles.
Its product range spans multi-serve and single-serve bottles, aluminum cans and other eco-friendly packaging solutions.
Further Reading
- Five stocks we like better than Primo Brands
- Flash in the Pan or Sustained Rally Contender? 3 Momentum Stocks to Watch
- MarketBeat Week in Review – 08/17 – 08/21
- Blueprint for a Boom: SEC Clears the Crypto Runway
- Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss
Receive News & Ratings for Primo Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Primo Brands and related companies with MarketBeat.com's FREE daily email newsletter.
