Premier (PINC) Declares $0.19 Quarterly Dividend; 2.2% Yield

Premier (NASDAQ: PINC) declared a quarterly dividend of $0.19 per share, or $0.76 annualized.

The dividend will be payable on September 15, 2020, to stockholders of record on September 1, 2020, with an ex-dividend date of August 31, 2020.

The annual yield on the dividend is 2.2 percent.

“Our initiation of a common stock dividend demonstrates our commitment to delivering value to our stockholders and underscores our confidence in the strength, stability and future prospects of our company,” said Susan DeVore, Premier’s Chief Executive Officer and a member of the company’s Board.

“With our consistent, strong cash flow generation and solid balance sheet, we expect to have ample liquidity to return capital to stockholders while continuing to invest in the business to drive long-term growth and value-creation,” said Craig McKasson, Premier’s Chief Administrative and Financial Officer.

For a dividend history and other dividend-related data on Premier (PINC) click here.

You May Also Be Interested In

• Z Squared outlines AI power strategy and Paradox Data acquisition
• Winnebago Industries (WGO) Raises Quarterly Dividend 2.9% to $0.36; 4.4% Yield
• 3M Co. (MMM) Declares $0.78 Quarterly Dividend; 1.7% Yield