Exploring Perrigo’s Status as a Top 25 SAFE Dividend Stock: Insights into PRGO

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Perrigo Company plc Recognized for Strong Dividend Growth and Yield

Perrigo Company plc (Symbol: PRGO) has earned a spot on the “S.A.F.E. 25” list from Dividend Channel. This recognition highlights Perrigo as a stock with strong DividendRank statistics, boasting an attractive annual yield of 4.7%. The company has also demonstrated a remarkable history of at least 20 years of dividend increases, reflecting its commitment to rewarding shareholders.

ETF Involvement and Holdings

According to data from the ETF Finder at ETF Channel, Perrigo Company plc is included in the iShares S&P 1500 Index ETF (ITOT). Additionally, it is a holding in the SPDR S&P Dividend ETF (SDY), where it represents 0.21%, amounting to $39,390,060 in PRGO shares.

Qualities of S.A.F.E. Dividend Stocks

Perrigo’s inclusion in the “Dividend Channel S.A.F.E. 25” list can be attributed to several key qualities:
S. Solid return — the company offers a hefty yield with strong DividendRank characteristics;
A. Accelerating amount — consistent increases in dividends over time;
F. Flawless history — Perrigo has never missed or reduced its dividend;
E. Enduring — the company has maintained dividend payments for at least two decades.

Current Dividend Details

The annualized dividend for Perrigo Company plc stands at $1.16 per share, distributed quarterly. The most recent dividend ex-date was on March 7, 2025. Below is a long-term dividend history chart for PRGO, which emphasizes its importance in evaluating the company’s performance.

PRGO Dividend History Chart

Industry Context

Perrigo operates within the Drugs & Pharmaceuticals sector, aligning itself with notable companies such as Eli Lilly (LLY) and Novo-Nordisk AS (NVO). The firm’s strong dividend track record exemplifies its solid standing in the industry.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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