Primo Brands Corporation (PRMB) to Issue Quarterly Dividend of $0.12 on March 23rd

Posted by Renee Jackson on Feb 21st, 2026

Primo Brands Corporation (NYSE:PRMB – Get Free Report) declared a quarterly dividend on Thursday, February 19th. Investors of record on Friday, March 6th will be paid a dividend of 0.12 per share on Monday, March 23rd. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, March 6th. This is a 20.0% increase from Primo Brands’s previous quarterly dividend of $0.10.

Primo Brands has raised its dividend by an average of 0.2%annually over the last three years.

Primo Brands Price Performance

Shares of Primo Brands stock opened at $18.75 on Friday. The business’s fifty day moving average price is $17.95 and its 200 day moving average price is $20.04. Primo Brands has a twelve month low of $14.36 and a twelve month high of $35.85. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 1.59. The stock has a market capitalization of $6.94 billion, a P/E ratio of -60.49, a PEG ratio of 0.63 and a beta of 0.63.

Primo Brands declared that its board has approved a share repurchase program on Monday, November 10th that permits the company to repurchase $50.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 0.9% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.

Primo Brands Company Profile

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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.