Programmed Maintenance Services
Programmed Maintenance Services (PRG) is engaged in the provision of staffing and maintenance services. PRG listed on the Australian Stock Exchange on 1st October, 1999. The company operates more than 50 offices located in all capital cities and regional centres and employs over 2,000 personnel and tradespeople. Its annual revenue reaches up to $800 million. The Company focuses its development activities through four segments: Property Maintenance, Facilities Management, Workforce and Marine.
Peruse the dividend history for PROGRAMMED MAINTENANCE SERVICES LIMITED. Dividends are a distribution of a company's profit to its shareholders and paid out in the form of a cash dividend. You are eligible to receive PRG dividends if you own the PROGRAMMED MAINTENANCE SERVICES LIMITED shares on the ex-dividend date. Traders and investors must purchase the stock before the exdividend date to be entitled to the dividend. The previous owner of the shares will receive the PRG dividend if you buy the stocks on or after the ex dividend date.
UBS has upgraded their recommendation for the Programmed Maintenance Services (PRG) stock to Buy 1 with their share price target rising from $3.60 to $4.80 as a result in a change of their valuation strategy from PE to DCF. They feel that the consistent 10% growth in EPS each year since 1999 is likely to continue in the next few years.
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