Patria Investments Limited (NYSE:PAX – Get Free Report) announced a quarterly dividend on Thursday, April 23rd. Stockholders of record on Monday, May 18th will be paid a dividend of 0.1625 per share on Thursday, June 11th. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend is Monday, May 18th. This is a 8.3% increase from Patria Investments’s previous quarterly dividend of $0.15.
Patria Investments has a payout ratio of 50.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Patria Investments to earn $1.59 per share next year, which means the company should continue to be able to cover its $0.65 annual dividend with an expected future payout ratio of 40.9%.
Patria Investments Stock Down 1.7%
Shares of PAX opened at $11.36 on Friday. Patria Investments has a 52 week low of $11.05 and a 52 week high of $17.80. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $755.70 million, a price-to-earnings ratio of 22.72, a PEG ratio of 1.28 and a beta of 0.77. The stock’s 50-day moving average price is $12.20 and its 200-day moving average price is $14.15.
About Patria Investments
Patria Investments Limited (NYSE: PAX) is a Brazil-based alternative asset management firm specializing in private equity, infrastructure, real estate and credit investments. Since its founding in 1988, the firm has focused on identifying and partnering with high-potential companies and projects across Latin America. Patria’s investment approach combines local market expertise with global best practices to structure and manage portfolios that aim to deliver long-term value to institutional and high-net-worth clients.
The company’s core business activities include private equity funds targeting mid-market and large-cap buyouts, infrastructure funds investing in essential assets such as energy and transportation, real estate strategies encompassing residential, commercial and logistics properties, and credit funds that provide financing solutions across the capital structure.
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