Premier, Inc. Declares an Increase to Quarterly Cash Dividend

Rhea-AI Summary

Premier, Inc. (NASDAQ: PINC) announced a 5% increase in its quarterly cash dividend to $0.21 per share of Class A common stock. This dividend is payable on September 15, 2022, to stockholders of record as of September 1, 2022. Such action reflects the company's commitment to returning value to its shareholders while continuing its focus on healthcare improvements across its vast alliance of over 4,400 U.S. hospitals and approximately 225,000 providers.

Positive

• 5% increase in quarterly cash dividend to $0.21 per share.
• Demonstrates commitment to returning value to shareholders.

Negative

• None.

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today announced that its Board of Directors approved a 5% increase to the company’s quarterly cash dividend to $0.21 per share of Class A common stock issued and outstanding. The cash dividend will be payable on September 15, 2022, to stockholders of record as of the close of business on September 1, 2022.

About Premier, Inc.

Premier, Inc. (NASDAQ: PINC) is a leading healthcare improvement company, uniting an alliance of more than 4,400 U.S. hospitals and health systems and approximately 225,000 other providers and organizations to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and consulting and other services, Premier enables better care and outcomes at a lower cost. Premier plays a critical role in the rapidly evolving healthcare industry, collaborating with members to co-develop long-term innovations that reinvent and improve the way care is delivered to patients nationwide. Headquartered in Charlotte, N.C., Premier is passionate about transforming American healthcare. Please visit Premier’s news and investor sites on www.premierinc.com, as well as Twitter, Facebook, LinkedIn, YouTube, Instagram and Premier’s blog for more information about the company.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220804005955/en/

Investor contact:

Angie McCabe

Vice President, Investor Relations

704.816.3888

angie_mccabe@premierinc.com



Media contact:

Amanda Forster

Vice President, Public Relations

202.879.8004

amanda_forster@premierinc.com

Source: Premier, Inc.

FAQ

What is the new dividend amount for Premier, Inc. (PINC)?

The new dividend amount is $0.21 per share.

When is the dividend for Premier, Inc. (PINC) payable?

The dividend is payable on September 15, 2022.

What is the record date for Premier, Inc. (PINC) dividend?

The record date for the dividend is September 1, 2022.

How much was the dividend increase for Premier, Inc. (PINC)?

The dividend was increased by 5%.