CHARLOTTE - Premier, Inc. (NASDAQ:PINC), a healthcare improvement company, announced Monday that its Board of Directors has declared a quarterly cash dividend of $0.21 per share of Class A common stock, representing a 3.37% annual yield. The dividend will be paid on September 15, 2025, to stockholders of record as of September 1, 2025. According to InvestingPro analysis, Premier maintains a "GREAT" financial health score of 3.28 out of 5, suggesting strong dividend sustainability.
This dividend announcement comes from Premier, which describes itself as providing solutions to approximately two-thirds of healthcare providers in the United States. The company, headquartered in Charlotte, North Carolina, has seen its stock surge 39% over the past six months and currently trades near its 52-week high of $25.27.
Premier offers various healthcare-related services including data and analytics, supply chain solutions, and consulting services to healthcare providers, suppliers, and payers.
The announcement was made through a press release statement issued by the company.
In other recent news, Premier, Inc. has reported its third fiscal quarter of 2025 results, surpassing both revenue and earnings expectations. The company also raised its consolidated adjusted EBITDA guidance by 2.4%, setting it at $251.0 million at the midpoint. This financial performance comes amid Premier’s ongoing restructuring efforts that began in August 2020. In light of these developments, Piper Sandler has increased Premier’s stock price target to $24 from the previous $19, maintaining a Neutral rating. The adjustment reflects a steady 12.0x multiple of the estimated adjusted EBITDA for the calendar year 2026. These recent developments highlight the company’s ability to perform well despite the renewal process associated with its restructuring.
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Premier declares $0.21 quarterly dividend payable in September
Published 2 months ago
Aug 18, 2025 at 12:46 PM
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