Primoris Services Corporation (NASDAQ:PRIM) Updates On Quarterly Dividend


As per Primoris Services Corporation (NASDAQ:PRIM) statement on 2016-08-09, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.055 per share as dividend to stakeholders. The record date is set as 2016-09-30, the payout date as 2016-10-14 and the ex-dividend date is 2016-09-28.

Last fiscal Primoris Services Corporation (NASDAQ:PRIM) disbursed cash dividend of $0.055. A year ago, the payout was $0.055, which indicates a difference of 36.6667%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.055, implying 15.4385% growth.

For the period ended on 2015-12-31, Primoris Services Corporation (NASDAQ:PRIM)’s earnings came at $0.1 per share compared to EPS of $0.37 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-03. For this quarter, the analysts have earnings estimate of $0.25 per share.

The interim price target for Primoris Services Corporation (NASDAQ:PRIM) is set at $23.3. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Primoris Services Corporation (NASDAQ:PRIM) is seen at $25.5 and the lowest level is established at $20. This broad range highlights a standard deviation of $2.049 in reported estimates.

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