SmarterDividends
PRGO

Perrigo Company plc

PRGO22 yrs growth

Healthcare · Stock · quarterly payer

Forward Yield

10.87%

Annual Dividend

$1.16

Payout Ratio

10950%

5-Yr Growth

5.2%

Ex-Date

May 29, 2026

Frequency

Quarterly

PRGO Dividend Safety Score

59/ 100
Grade C

Borderline

Dividend-growth streak12 consecutive years of growth
Cut historyCut its dividend in 2013
Earnings payout coverage10950% of earnings paid out
Free-cash-flow coverage148% of free cash flow
Balance-sheet strengthDebt/equity of 1.53
Yield vs its historyYield is 3.4× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is PRGO a good dividend stock?

Yes, with caveats

Perrigo Company plc (PRGO) pays a quarterly dividend yielding 10.87% ($1.16/yr), with 22 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • 22 consecutive years of dividend growth
  • Strong 5.2% 5-yr dividend growth

Risks

  • Cut its dividend in 2013
  • Elevated payout ratio (10950%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
10.87%
Payout Ratio
10950%
Annual Dividend
$1.16
5-Yr Avg Growth
5.2%
Ex-Dividend Date
May 29, 2026
Years of Growth
22
Frequency
quarterly
Beta
0.52
Market Cap
$1.5B
P/E Ratio
5-Yr Total Return
-77%
52-Week Range
$9.23 – $28.44
Dividend Safety
C · 59/100
Ever Cut?
Yes (2013)
PRGO ex-dividend date & scheduleNext ex-date May 29, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.16 / yr per share

Per payment (quarterly)$29.00
Annual$116.00
Monthly avg$9.67