Primoris Services Corporation ( PRIM ) will begin trading ex-dividend on December 28, 2016. A cash dividend payment of $0.055 per share is scheduled to be paid on January 16, 2017. Shareholders who purchased PRIM prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that PRIM has paid the same dividend. At the current stock price of $24.14, the dividend yield is .91%.
The previous trading day's last sale of PRIM was $24.14, representing a -4.4% decrease from the 52 week high of $25.25 and a 49.68% increase over the 52 week low of $16.13.
PRIM is a part of the Basic Industries sector, which includes companies such as American Water Works ( AWK ) and Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp ( SBS ). PRIM's current earnings per share, an indicator of a company's profitability, is $.48. Zacks Investment Research reports PRIM's forecasted earnings growth in 2016 as .7%, compared to an industry average of 6.1%.
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