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
Investors can expect a dividend payout of $0.70 per share, scheduled to be distributed in 44 days on August 31, 2026
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| August 31, 2026 | $0.70 | 2026-08-17 | 2026-08-17 |
| February 27, 2026 | $0.70 | 2026-02-17 | 2026-02-17 |
| 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 |
Dividends Summary
- Consistent Payer: Pricesmart Inc has rewarded shareholders with 41 dividend payments over the past 19 years.
- Total Returned Value: Investors who held PSMT shares during this period received a total of $15.64 per share in dividend income.
- Latest Payout: The most recent dividend of $0.70/share was paid 141 days ago, on February 27, 2026.
- Dividend Growth: Since 2007, the dividend payout has grown by 337.5%, from $0.16 to $0.70.
- Dividend Reliability: PSMT has maintained or increased its dividend for 5 consecutive payments.
Company News
PriceSmart is accelerating growth and outpacing peers with 12.5% revenue growth in fiscal Q3. The company plans to open six new clubs by spring 2027, including its first location in Chile, a lucrative market with significant growth potential. With strong comp sales growth of 10.7% and expanding margins, analysts project the stock could reach $220...
Despite trading at premium valuation ratios (48x trailing earnings and 48x free cash flow), Costco's stock is positioned for continued growth through 2030. The warehouse club's 92.2% membership renewal rate, high-margin membership fee income, planned expansion of 30+ warehouses annually, and successful tech investments justify its premium pricing...
Black Creek Investment Management sold 473,785 shares of PriceSmart (PSMT) for approximately $69.20 million in Q1 2026, reducing its stake to 1,164,834 shares. Despite the trim, Black Creek maintains significant conviction in the company, with the reduction attributed to routine portfolio management following a strong 55.8% annual stock price run...
PriceSmart trades at a significant valuation discount (29x earnings) compared to peers Costco (50x) and Walmart, while demonstrating superior growth. The company reported strong Q2 FY2026 results with 9.7% revenue growth, 14.5% EBITDA growth, and 7.6% comp store sales growth. With low debt, strong cash generation, and aggressive dividend growth p...
PriceSmart, Inc. announced an 11.1% increase to its annual dividend to $1.40 per share, reflecting the Board's confidence in the company's financial strength and cash generation. The company also held its 2026 annual meeting where all eleven board nominees were elected, and stockholders approved executive compensation and auditor selection. Price...
