Primo Brands Declares Quarterly Dividend

Rhea-AI Summary

Primo Brands Corporation (NYSE: PRMB) has announced a quarterly dividend payment. The company's Board of Directors has declared a cash dividend of $0.10 per share on common shares. The dividend will be paid on June 17, 2025, to shareholders who are on record as of the close of business on June 6, 2025.

Positive

• Regular dividend payment demonstrates commitment to shareholder returns
• Maintains consistent cash distribution to investors

Negative

• None.

TAMPA, Fla. and STAMFORD, Conn., May 1, 2025 /PRNewswire/ - Primo Brands Corporation (NYSE: PRMB) ("Primo Brands" or the "Company"), today announced that its Board of Directors declared a dividend of US$0.10 per share on common shares, payable in cash on June 17, 2025, to shareowners of record at the close of business on June 6, 2025.

About Primo Brands Corporation

Primo Brands is a leading North American branded beverage company focused on healthy hydration, delivering responsibly sourced diversified offerings across products, formats, channels, price points, and consumer occasions, distributed in every U.S. state and Canada.

Primo Brands has a comprehensive portfolio of highly recognizable and conveniently packaged branded water and beverages that reach consumers whenever, wherever, and however they hydrate through distribution across retail outlets, away from home such as hotels and hospitals, and food service accounts, as well as direct delivery to homes and businesses. These brands include established "billion-dollar brands" Poland Spring® and Pure Life®, premium brands like Saratoga® and Mountain Valley®, regional leaders such as Arrowhead®, Deer Park®, Ice Mountain®, Ozarka®, and Zephyrhills®, purified brands including Primo Water® and Sparkletts®, and flavored and enhanced brands like Splash Refresher™ and AC+ION®. Primo Brands also has an industry-leading line-up of innovative water dispensers, which create consumer connectivity through recurring water purchases.

Primo Brands operates a vertically integrated coast-to-coast network that distributes its brands to more than 200,000 retail outlets, as well as directly reaching consumers through its Direct Delivery, Exchange and Refill offerings. Through Direct Delivery, Primo Brands delivers responsibly sourced hydration solutions direct to home and business customers. Through its Exchange business, consumers can visit approximately 26,500 retail locations and purchase a pre-filled, multi-use bottle of water that can be exchanged after use for a discount on the next purchase. Through its Refill business, consumers have the option to refill empty multi-use bottles at approximately 23,500 self-service refill stations. Primo Brands also offers water filtration units for home and business customers across North America.

Primo Brands is a leader in reusable beverage packaging, helping to reduce waste through its multi-serve bottles and innovative brand packaging portfolio, which includes recycled plastic, aluminum, and glass. Primo Brands has a portfolio of over 90 springs and actively manages water resources to help assure a steady supply of quality, safe drinking water today and in the future. Primo Brands also helps conserve over 28,000 acres of land across the U.S. and Canada. Primo Brands is proud to partner with the International Bottled Water Association ("IBWA") in North America, which supports strict adherence to safety, quality, sanitation, and regulatory standards for the benefit of consumer protection. Primo Brands is committed to supporting the communities it serves, investing in local and national programs and delivering hydration solutions following natural disasters and other local community challenges.

Primo Brands employs more than 13,000 associates with dual headquarters in Tampa, Florida, and Stamford, Connecticut.

For more information, please visit www.primobrands.com.

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SOURCE Primo Brands Corporation.

FAQ

What is the dividend amount for Primo Brands (PRMB) announced on May 1, 2025?

Primo Brands announced a quarterly dividend of $0.10 per share on May 1, 2025.

When is the payment date for Primo Brands' latest dividend?

The dividend payment date is June 17, 2025, for shareholders of record as of June 6, 2025.

What is the record date for PRMB's Q2 2025 dividend?

The record date for Primo Brands' dividend is June 6, 2025, at the close of business.

How often does Primo Brands (PRMB) pay dividends?

Based on this announcement, Primo Brands pays quarterly dividends to its shareholders.