Primerica, Inc. Increases Quarterly Dividend by 17 Percent

Rhea-AI Summary

Primerica, Inc. (NYSE:PRI) has announced a 17% increase in its stockholder dividends, raising it to $0.55 per share. This dividend will be payable on March 14, 2022, to stockholders of record as of February 22, 2022. The company provides financial services primarily to middle-income households across North America, having insured approximately 5.5 million lives and managed over 2.6 million client investment accounts as of December 31, 2020.

Positive

• 17% increase in dividends to $0.55 per share.
• Strong client base with approximately 5.5 million lives insured.
• Over 2.6 million client investment accounts managed.

Negative

• None.

DULUTH, Ga.--(BUSINESS WIRE)-- Primerica, Inc. (NYSE:PRI) announced today that the Board of Directors has approved a 17% increase in stockholder dividends to $0.55 per share. The dividend is payable on March 14, 2022, to stockholders of record on February 22, 2022.

About Primerica, Inc.

Primerica, Inc., headquartered in Duluth, GA, is a leading provider of financial services to middle-income households in North America. Independent licensed representatives educate Primerica clients about how to better prepare for a more secure financial future by assessing their needs and providing appropriate solutions through term life insurance, which we underwrite, and mutual funds, annuities and other financial products, which we distribute primarily on behalf of third parties. We insured approximately 5.5 million lives and had over 2.6 million client investment accounts at December 31, 2020. Primerica, through its insurance company subsidiaries, was the #2 issuer of Term Life insurance coverage in the United States and Canada in 2020. Primerica stock is included in the S&P MidCap 400 and the Russell 1000 stock indices and is traded on The New York Stock Exchange under the symbol “PRI”.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220208005817/en/

Investor Contact:

Nicole Russell

470-564-6663

Email: Nicole.Russell@primerica.com

Media Contact:

Susan Chana

404-229-8302

Email: susan.chana@primerica.com

Source: Primerica, Inc.

FAQ

What is the new dividend amount for Primerica, Inc. (PRI)?

The new dividend amount is $0.55 per share.

When will the dividend for Primerica, Inc. (PRI) be paid?

The dividend will be paid on March 14, 2022.

What is the record date for the dividend payment of Primerica, Inc. (PRI)?

The record date for the dividend payment is February 22, 2022.

How has Primerica, Inc. (PRI) performed in terms of client accounts?

Primerica, Inc. managed over 2.6 million client investment accounts as of December 31, 2020.

What is the significance of the dividend increase for investors in Primerica, Inc. (PRI)?

The 17% dividend increase demonstrates the company's confidence in its financial stability and commitment to returning value to shareholders.