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Primo Brands Declares Quarterly Dividend

In a recent announcement, Primo Brands Corporation (NYSE: PRMB) declared a quarterly dividend of US$0.10 per share on its common shares. This decision, made by the company's Board of Directors, showcases the firm's dedication to its shareholders amidst its ongoing growth and innovation in the beverage sector.

The dividend will be payable in cash on June 17, 2025, to shareowners of record at the close of business on June 6, 2025. This reflects Primo’s solid financial position and commitment to delivering value to its investors.

A Commitment to Healthy Hydration

Primo Brands is recognized as a leading North American beverage company with a focus on promoting healthy hydration. Their diverse product range features responsibly sourced beverages that cater to a variety of consumer occasions and preferences. Their portfolio includes major brands like Poland Spring® and Pure Life®, as well as popular regional offerings such as Arrowhead® and Deer Park®.

With distribution channels spanning across retail outlets, food service accounts, and direct delivery, Primo Brands ensures that it meets consumer needs wherever they are. Their innovative water dispensers reinforce customer loyalty through recurring purchases, further emphasizing their consumer-first approach.

Innovative Distribution Strategies

Primo Brands employs a vertically integrated distribution network that serves over 200,000 retail outlets across the continent. Their Direct Delivery, Exchange, and Refill models allow consumers to access hydration solutions conveniently. The Direct Delivery service brings products right to the doorsteps of homes and businesses, while the Exchange program facilitates the exchange of used bottles for discounts, promoting sustainable practices. Furthermore, the Refill initiative provides numerous self-service stations for consumers to refill multi-use bottles, underscoring the company’s commitment to reducing single-use plastics.

In addition to beverages, Primo offers water filtration systems, catering to an environmentally conscious consumer base. Their innovative packaging solutions include a focus on recycling and sustainability, aligning with global efforts to tackle environmental challenges.

Leadership and Community Commitment

Primo Brands employs over 13,000 associates with dual headquarters located in Tampa, Florida, and Stamford, Connecticut. The company manages a portfolio of over 90 springs, ensuring a sustainable supply of quality drinking water. Furthermore, by partnering with the International Bottled Water Association (IBWA), Primo adheres to strict safety and quality standards, reflecting their dedication to consumer safety and responsible business practices.

Beyond business, Primo Brands actively engages in community support through investments in various programs, particularly in the aftermath of natural disasters, reinforcing their commitment to the regions they serve.

As the company looks to the future, the quarterly dividend announcement positions Primo Brands as a key player in the beverage market, dedicated to both shareholder value and community well-being. This aligns with the company's overall strategy to embrace innovation, sustainability, and healthy hydration solutions.

For more information about Primo Brands and their commitment to providing quality beverages, visit www.primobrands.com.