Premier, Inc. Declares Quarterly Cash Dividend

Rhea-AI Summary

Premier, a healthcare improvement company, announced a cash dividend of $0.19 per share of Class A common stock. The dividend will be payable on June 15, 2021, to stockholders recorded as of the close of business on June 1, 2021. This decision reflects the company’s commitment to returning value to its shareholders while actively engaging in transformative healthcare initiatives across the U.S., serving over 4,100 hospitals and health systems.

Positive

• Declared a cash dividend of $0.19 per share, reflecting commitment to shareholder returns.
• Engages a large network of over 4,100 hospitals and health systems, promoting growth.

Negative

• None.

Premier, Inc. (NASDAQ: PINC), a leading healthcare improvement company, today announced that its Board of Directors declared a cash dividend of $0.19 per share of Class A common stock issued and outstanding. The cash dividend will be payable on June 15, 2021, to stockholders of record as of the close of business on June 1, 2021.

About Premier, Inc.

Premier, Inc. (NASDAQ: PINC) is a leading healthcare improvement company, uniting an alliance of more than 4,100 U.S. hospitals and health systems and approximately 200,000 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 and Instagram for more information about the company.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210426005087/en/

FAQ

What is the latest dividend amount for Premier (PINC)?

The latest dividend amount declared by Premier is $0.19 per share of Class A common stock.

When will the dividend for PINC be paid?

The dividend for Premier (PINC) will be paid on June 15, 2021.

What is the record date for Premier's dividend?

The record date for Premier's dividend is June 1, 2021.

How often does Premier (PINC) pay dividends?

Typically, Premier pays dividends on a quarterly basis; however, specific frequency should be confirmed from their financial reports.

Is the dividend payment sustainable for Premier (PINC)?

While the recent dividend declaration indicates commitment to return value, an analysis of financial performance is necessary to assess sustainability.