Park National's latest quarterly dividend of $1.05 per share was on May 18, 2023 (ex-date). The annualized dividend distribution of $4.18 per share represents a current dividend yield of 4.11%.
PRK has a dividend yield of 4.11% which is above the Financial Services sector and the industry average but below its peers average. If we compare it with its Financial Services sector average of 3.81%, Park National's dividend yield is 8% higher. The historical 5-year average of PRK's dividend yield is 3.6%, which is less than the current yield.
Park National has a history of paying dividends since 1994. Our records of PRK show that the company has distributed five dividends in the past year. This includes four regular and one special dividends. The annualized dividend per share has an increase of 1% since twelve months ago. And with the price of the stock down by 17% from a year ago, the dividend yield has an increase of 21%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 18, 2023 | Jun 9, 2023 | Apr 21, 2023 | $1.05 | normal |
Feb 16, 2023 | Mar 10, 2023 | Jan 23, 2023 | $1.05 | normal |
Nov 17, 2022 | Dec 9, 2022 | Oct 24, 2022 | $1.04 | normal |
Nov 17, 2022 | Dec 9, 2022 | Oct 24, 2022 | $0.5 | special |
Aug 18, 2022 | Sep 9, 2022 | Jul 25, 2022 | $1.04 | normal |
May 19, 2022 | Jun 10, 2022 | Apr 22, 2022 | $1.04 | normal |
Feb 17, 2022 | Mar 10, 2022 | Jan 24, 2022 | $1.04 | normal |
Nov 18, 2021 | Dec 10, 2021 | Oct 25, 2021 | $1.03 | normal |
Nov 18, 2021 | Dec 10, 2021 | Oct 25, 2021 | $0.2 | special |
Aug 19, 2021 | Sep 10, 2021 | $1.03 | normal | |
May 20, 2021 | Jun 10, 2021 | Apr 23, 2021 | $1.03 | normal |
Feb 18, 2021 | Mar 10, 2021 | Jan 25, 2021 | $0.2 | normal |
Feb 18, 2021 | Mar 10, 2021 | Jan 25, 2021 | $1.03 | normal |
Nov 19, 2020 | Dec 10, 2020 | Oct 26, 2020 | $1.02 | normal |
Aug 20, 2020 | Sep 10, 2020 | Jul 27, 2020 | $1.02 | normal |
May 21, 2020 | Jun 10, 2020 | Apr 27, 2020 | $1.02 | normal |
Feb 20, 2020 | Mar 10, 2020 | Jan 27, 2020 | $1.02 | normal |
Feb 20, 2020 | Mar 10, 2020 | Jan 27, 2020 | $0.2 | special |
Nov 14, 2019 | Dec 10, 2019 | Oct 28, 2019 | $1.01 | normal |
Aug 15, 2019 | Sep 10, 2019 | Jul 22, 2019 | $1.01 | normal |
May 16, 2019 | Jun 10, 2019 | Apr 19, 2019 | $1.01 | normal |
Feb 14, 2019 | Mar 8, 2019 | Jan 28, 2019 | $0.2 | special |
Feb 14, 2019 | Mar 8, 2019 | Jan 28, 2019 | $1.01 | normal |
Nov 15, 2018 | Dec 10, 2018 | Oct 22, 2018 | $0.96 | normal |
Aug 16, 2018 | Sep 10, 2018 | Jul 23, 2018 | $0.96 | normal |
May 17, 2018 | Jun 8, 2018 | Apr 20, 2018 | $0.25 | special |
May 17, 2018 | Jun 8, 2018 | Apr 20, 2018 | $0.96 | normal |
Feb 15, 2018 | Mar 9, 2018 | Jan 22, 2018 | $0.94 | normal |
Nov 16, 2017 | Dec 8, 2017 | Oct 23, 2017 | $0.94 | normal |
Aug 16, 2017 | Sep 8, 2017 | Jul 24, 2017 | $0.94 | normal |
May 17, 2017 | Jun 9, 2017 | Apr 21, 2017 | $0.94 | normal |
Feb 15, 2017 | Mar 10, 2017 | Jan 23, 2017 | $0.94 | normal |
Nov 16, 2016 | Dec 9, 2016 | Oct 24, 2016 | $0.94 | normal |
PRK has a payout ratio of 47.4% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 32.1%, Park National's payout ratio is 48% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
HBAN Huntington Bancshares Inc | 5.89% | $0.62 | 39.7% |
LCNB Lcnb Corp | 5.72% | $0.82 | 42.7% |
WSBC Wesbanco Inc | 5.65% | $1.38 | 45.5% |
FMNB Farmers National Banc Corp | 5.48% | $0.66 | 43.7% |
FFBC First Financial Bancorp | 4.68% | $0.92 | 34.8% |
PRK Park National Corp | 4.11% | $4.18 | 47.4% |
SBFG Sb Financial Group Inc | 3.71% | $0.5 | 28.7% |
Yes, Park National has paid five dividends in the last twelve months. PRK has been paying dividends since 1994.
At this point we don't have a record of PRK's next dividend date, but based on the current dividend schedule we project that it will likely be in August 2023.
Park National's last dividend ex-date was on May 18, 2023. The dividend amount was $1.05 per share.
On an annual basis PRK pays $4.18 per share.
Park National's current dividend yield is 4.11%.
Park National has a quarterly dividend frequency.
The dividend payout ratio of Park National is 47.4%.
Park National's dividend yield is more than the Financial Services sector average.