Patria Investments Limited (PAX) To Go Ex-Dividend on August 10th

Patria Investments Limited (NYSE:PAXGet Free Report) announced a quarterly dividend on Monday, July 27th. Investors of record on Monday, August 10th will be given a dividend of 0.1625 per share on Monday, September 14th. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend is Monday, August 10th.

Patria Investments has a payout ratio of 50.0% meaning its dividend is sufficiently covered by earnings. Equities 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 Price Performance

Shares of PAX opened at $11.53 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31. The stock has a 50 day moving average of $11.16 and a 200-day moving average of $12.30. Patria Investments has a 52 week low of $10.55 and a 52 week high of $17.80. The firm has a market cap of $767.01 million, a price-to-earnings ratio of 23.06, a PEG ratio of 1.28 and a beta of 0.76.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on PAX. The Goldman Sachs Group reissued a “buy” rating and issued a $18.00 price target on shares of Patria Investments in a research report on Friday, April 24th. Zacks Research upgraded Patria Investments from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $17.00.

Get Our Latest Analysis on Patria Investments

Patria Investments Company Profile

(Get Free Report)

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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Dividend History for Patria Investments (NYSE:PAX)

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