Patria Investments Limited (NYSE:PAX – Get Free Report) declared a quarterly dividend on Thursday, April 23rd. Investors 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 yield of 5.7%. The ex-dividend date 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. 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 Performance
Shares of PAX opened at $11.36 on Friday. The firm has a 50-day moving average price of $12.20 and a 200 day moving average price of $14.15. The firm has a market capitalization of $755.70 million, a PE ratio of 22.72, a P/E/G ratio of 1.28 and a beta of 0.77. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.31. Patria Investments has a 52-week low of $11.05 and a 52-week high of $17.80.
Hedge Funds Weigh In On Patria Investments
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.
Read More
- Five stocks we like better than Patria Investments
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
- MarketBeat Week in Review – 05/11 – 05/15
- Viking Sails to All-Time Highs—Fundamentals Signal More to Come
- Datavalut Gains Traction: 5 Reasons to Sell Now
Receive News & Ratings for Patria Investments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Patria Investments and related companies with MarketBeat.com's FREE daily email newsletter.
