Pricesmart Inc
PSMTPricesmart Inc (PSMT) is a retail warehouse club operator, primarily serving members in Central America, South America, and the Caribbean. Founded in 1996 and headquartered in San Diego, California, it offers a wide range of merchandise including groceries, electronics, appliances, and general merchandise through its membership-based warehouse stores. The company's business model focuses on bulk sales, cost efficiency, and value-driven pricing, catering to both individual consumers and small businesses.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| August 29, 2025 | $0.63 | 2025-08-15 | 2025-08-15 |
| February 28, 2025 | $0.63 | 2025-02-18 | 2025-02-18 |
| August 30, 2024 | $0.58 | 2024-08-15 | 2024-08-15 |
| April 30, 2024 | $1.00 | 2024-04-18 | 2024-04-19 |
| February 29, 2024 | $0.58 | 2024-02-14 | 2024-02-15 |
Dividends Summary
- Consistent Payer: Pricesmart Inc has rewarded shareholders with 39 dividend payments over the past 18 years.
- Total Returned Value: Investors who held PSMT shares during this period received a total of $14.24 per share in dividend income.
- Latest Payout: The most recent dividend of $0.63/share was paid 147 days ago, on August 29, 2025.
- Dividend Growth: Since 2007, the dividend payout has grown by 293.7%, from $0.16 to $0.63.
Company News
PriceSmart director Edgar Zurcher sold 795 shares of the company's stock for $69,681. The transaction represents a partial disposal of his holdings, as he still owns 8,027 shares.
The US stock market is jittery ahead of the release of key inflation data, with the Nasdaq and S&P 500 futures edging lower. Analysts expect the data to have a significant impact on the market, with an in-line or tamer number potentially boosting the S&P 500 by 1.75%, while a miss could send it tumbling by 2.50%.
WD-40 Company reported stronger-than-expected Q3 results, leading to a 12.5% jump in its stock price in pre-market trading. Several other stocks also saw significant price movements in the pre-market session.
Several companies saw stock movements after-hours, including Costco raising membership fees, Alcoa reporting strong earnings, and Citigroup being fined by regulators.
The S&P 500 hit a new record high after Federal Reserve Chairman Jerome Powell's positive comments on the economy and job market. The CNN Money Fear and Greed index remained in the 'Neutral' zone ahead of key economic data releases.
