Patria Investments's latest quarterly cash dividend of $0.175 per share was issued to shareholders on record before May 17, 2024. The dividend distribution stands at $1.02 per share annually, which comes to a dividend yield of 7.85%. The latest PAX dividend of $0.175 is a decrease from the previous $0.399 payout, representing a change of -56%.
PAX has a dividend yield of 7.85% which is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.83%, Patria Investments's dividend yield is 177% higher.
Patria Investments has been paying dividends for the last three years. Our records show that PAX has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 17% since twelve months ago. And with the price of the stock down by 18% from a year ago, the dividend yield has grown by 43%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 17, 2024 | Jun 10, 2024 | May 2, 2024 | $0.175 | normal |
Feb 21, 2024 | Mar 8, 2024 | Feb 6, 2024 | $0.399 | normal |
Nov 21, 2023 | Dec 8, 2023 | Nov 7, 2023 | $0.199 | normal |
Aug 15, 2023 | Sep 8, 2023 | Aug 3, 2023 | $0.251 | normal |
May 16, 2023 | Jun 8, 2023 | May 4, 2023 | $0.226 | normal |
Feb 28, 2023 | Mar 22, 2023 | Feb 14, 2023 | $0.308 | normal |
Nov 14, 2022 | Dec 7, 2022 | Nov 3, 2022 | $0.171 | normal |
Sep 1, 2022 | Sep 16, 2022 | Aug 9, 2022 | $0.169 | normal |
Jun 1, 2022 | Jun 16, 2022 | May 10, 2022 | $0.202 | normal |
Mar 1, 2022 | Mar 16, 2022 | Feb 15, 2022 | $0.16 | normal |
Dec 1, 2021 | Dec 16, 2021 | Nov 18, 2021 | $0.14 | normal |
Sep 1, 2021 | Sep 16, 2021 | Aug 12, 2021 | $0.463 | normal |
Jun 1, 2021 | Jun 16, 2021 | May 20, 2021 | $0.106 | normal |
PAX has a payout ratio of 128% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 41.2%, Patria Investments's payout ratio is 211% higher.
Yes, Patria Investments has been paying dividends for the last three years.
PAX hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in August 2024.
Patria Investments's last regular dividend was on May 17, 2024 (ex-date) with the amount of $0.175 per share.
PAX's annualized dividend per share is $1.02.
Currently Patria Investments's dividend yield is 7.85%.
Patria Investments pays four dividends per year.
Patria Investments's dividend payout ratio is 128%.
Patria Investments's dividend yield is above the Financial Services sector average.