Primo Brands Corporation Announces $0.12 Quarterly Dividend and Q3 Earnings Beat
Primo Brands Corporation (PRMB) has declared a quarterly dividend of $0.12 per share, representing a forward yield of 2.17%. The dividend is scheduled to be paid on December 4, with the ex-dividend date set for November 24. The company's financial performance remains strong, as evidenced by its recent Q3 results where non-GAAP earnings per share reached $0.43, slightly exceeding analyst expectations by $0.01. Revenue also outperformed estimates, coming in at $1.82 billion, which was a $10 million beat. Looking ahead, Primo Brands is signaling steady growth with projected 2026 comparable net sales growth of approximately 3%. The company is also targeting an adjusted EBITDA of nearly $1.465 billion for the 2026 fiscal year.
Tickers: $PRMB
Topics: dividend declaration EPS beat quarterly earnings revenue beat sales guidance