Perrigo Company plc
PRGOHealthcare · Drug Manufacturers - Specialty & Generic · Stock · quarterly payer
Forward Yield
6.98%
Annual Dividend
$1.16
Payout Ratio
1349%
5-Yr Growth
5.2%
Ex-Date
Aug 28, 2026
Frequency
Quarterly
Key facts about PRGO's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Perrigo Company plc (PRGO) has a forward dividend yield of 6.98%, based on an annual dividend of $1.16 per share and a share price of $16.63.
- As of Oct 18, 2026, PRGO's dividend safety grade from SmarterDividends is B (68 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, Perrigo Company plc (PRGO) has raised its dividend for 12 consecutive years as of Oct 18, 2026.
- PRGO last cut its regular dividend in 2013.
- PRGO's most recent ex-dividend date was Aug 28, 2026, for a dividend of $0.29 per share.
- PRGO's dividend has grown at an average rate of 5.2% a year over the past five years.
- As of Oct 18, 2026, PRGO's 6.98% yield is 120% above its five-year average yield of 3.17%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for PRGO is $32.12 per share, 93% above the $16.63 share price, so PRGO screens as undervalued.
- Perrigo Company plc (PRGO) pays its dividend quarterly, 4 times a year.
- Perrigo Company plc (PRGO) has raised its regular dividend 22 times and cut it 0 times across the 95 payments on record since 2003. Its most recent change was a 5.1% increase to $0.290 per share, going ex-dividend on Mar 7, 2025.
Cite this page
SmarterDividends, "PRGO Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/PRGO
Summary
As of Oct 18, 2026, Perrigo Company plc (PRGO) yields 6.98% ($1.16 a year per share), has a dividend safety grade of B (68/100) and has 12 consecutive years of dividend increases on record.
Is PRGO a good dividend stock?
Yes, with caveatsPerrigo Company plc (PRGO) pays a quarterly dividend yielding 6.98% ($1.16/yr), with 12 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- 12 consecutive years of dividend growth
- Strong 5.2% 5-yr dividend growth
Risks
- Cut its dividend in 2013
- Elevated payout ratio (1349%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.98%
- Payout Ratio
- 1349%
- Annual Dividend
- $1.16
- 5-Yr Avg Growth
- 5.2%
- Ex-Dividend Date
- Aug 28, 2026
- Years of Growth
- 12
- Frequency
- quarterly
- Beta
- 0.69
- Market Cap
- $2.3B
- P/E Ratio
- —
- 5-Yr Total Return
- -55%
- 52-Week Range
- $9.23 – $22.02
- Dividend Safety
- B · 68/100
- Ever Cut?
- Yes (2013)
PRGO dividend raises and cuts
Perrigo Company plc (PRGO) has raised its regular dividend 22 times and cut it 0 times across the 95 payments on record since 2003. Its most recent change was a 5.1% increase to $0.290 per share, going ex-dividend on Mar 7, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 7, 2025 | Raise | $0.276 → $0.290 | +5.1% |
| Mar 7, 2024 | Raise | $0.273 → $0.276 | +1.1% |
| Mar 9, 2023 | Raise | $0.260 → $0.273 | +5.0% |
| Feb 25, 2022 | Raise | $0.240 → $0.260 | +8.3% |
| Mar 11, 2021 | Raise | $0.225 → $0.240 | +6.7% |
| Feb 27, 2020 | Raise | $0.210 → $0.225 | +7.1% |
| May 30, 2019 | Raise | $0.190 → $0.210 | +10.5% |
| Mar 1, 2018 | Raise | $0.160 → $0.190 | +18.8% |
| Mar 1, 2017 | Raise | $0.145 → $0.160 | +10.3% |
| Feb 24, 2016 | Raise | $0.125 → $0.145 | +16.0% |
| Feb 25, 2015 | Raise | $0.105 → $0.125 | +19.0% |
| Feb 26, 2014 | Raise | $0.0900 → $0.105 | +16.7% |
Show all 22 changes since 2003
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 27, 2012 | Raise | $0.0800 → $0.0900 | +12.5% |
| Nov 22, 2011 | Raise | $0.0700 → $0.0800 | +14.3% |
| Nov 23, 2010 | Raise | $0.0630 → $0.0700 | +11.1% |
| Nov 24, 2009 | Raise | $0.0550 → $0.0630 | +14.5% |
| Nov 25, 2008 | Raise | $0.0500 → $0.0550 | +10.0% |
| Nov 20, 2007 | Raise | $0.0450 → $0.0500 | +11.1% |
| Nov 21, 2006 | Raise | $0.0430 → $0.0450 | +4.7% |
| Nov 22, 2005 | Raise | $0.0400 → $0.0430 | +7.5% |
| Nov 23, 2004 | Raise | $0.0350 → $0.0400 | +14.3% |
| Nov 25, 2003 | Raise | $0.0250 → $0.0350 | +40.0% |
Frequently Asked Questions
Is PRGO a good dividend stock?
Yes, with caveats. Perrigo Company plc (PRGO) pays a quarterly dividend yielding 6.98% ($1.16/yr), with 12 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Is PRGO undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PRGO's fair value is about $32.12 versus a $16.63 share price — so it looks undervalued (+93% vs. fair value).
Is PRGO's dividend safe?
PRGO has a dividend-safety grade of B (68/100), based on its payout coverage, free-cash-flow, 12-year growth streak, a dividend cut in 2013, debt and yield-versus-history.
What is PRGO's fair value?
Our blended fair-value estimate for PRGO is about $32.12 per share, roughly 93% above the current $16.63 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is PRGO a buy, hold, or sell?
We don't issue formal ratings, but on the data PRGO screens as "yes, with caveats" and undervalued. Perrigo Company plc (PRGO) pays a quarterly dividend yielding 6.98% ($1.16/yr), with 12 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will PRGO cut its dividend?
PRGO earns a dividend-safety grade of B (68/100), and has cut its dividend before (last in 2013). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does PRGO pay a dividend?
Yes. Perrigo Company plc pays a quarterly dividend of about $1.16 per share annually, a forward yield of roughly 6.98%.
What is PRGO's dividend yield?
As of Oct 18, 2026, PRGO's forward dividend yield is 6.98%, based on a $1.16 annual dividend and a $16.63 share price.
What is PRGO's dividend per share?
As of Oct 18, 2026, PRGO pays $1.16 per share per year, distributed on a quarterly basis.
What is PRGO's dividend payout ratio?
As of Oct 18, 2026, PRGO's payout ratio is 1349% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has PRGO grown its dividend?
As of Oct 18, 2026, PRGO has increased its dividend for 12 consecutive years.
When is the next PRGO ex-dividend date?
As of Oct 18, 2026, PRGO's next ex-dividend date hasn't been announced. The most recent was Aug 28, 2026, for $0.29 per share.
PRGO Price — Last 12 Months
Daily close
Price Return
1 Year
+25%
3 Years
-45%
5 Years
-55%
52-Week Range
$9.23 – $22.02
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PRGO worth?
Undervaluedlow confidenceOur blended fair-value estimate for Perrigo Company plc is $32.12 per share, versus a market price of $16.63. That implies 93% of upside — a margin of safety of about 48%.
Fair Value
$32.12
Current Price
$16.63
Upside
+93%
Margin of Safety
48%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about 6.3% annual free-cash-flow growth. We model 12.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, -$12.28 EPS, $1.16 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PRGO Dividend Safety Score
Safe
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
Dividend History
Full PRGO dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 28, 2026 | Sep 15, 2026 | $0.2900 | regular |
| May 29, 2026 | Jun 16, 2026 | $0.2900 | regular |
| Mar 2, 2026 | Mar 24, 2026 | $0.2900 | regular |
| Aug 29, 2025 | Sep 16, 2025 | $0.2900 | regular |
| May 30, 2025 | Jun 17, 2025 | $0.2900 | regular |
| Mar 7, 2025 | Mar 25, 2025 | $0.2900 | regular |
| Nov 29, 2024 | Dec 17, 2024 | $0.2760 | regular |
| Aug 30, 2024 | Sep 17, 2024 | $0.2760 | regular |
| May 31, 2024 | Jun 18, 2024 | $0.2760 | regular |
| Mar 7, 2024 | Mar 26, 2024 | $0.2760 | regular |
| Nov 30, 2023 | Dec 19, 2023 | $0.2730 | regular |
| Aug 31, 2023 | Sep 19, 2023 | $0.2730 | regular |
| Jun 1, 2023 | Jun 20, 2023 | $0.2730 | regular |
| Mar 9, 2023 | Mar 28, 2023 | $0.2730 | regular |
Income Calculator
At $1.16 / yr per share
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