Patria Investments Limited (NYSE:PAX) Increases Dividend to $0.16 Per Share

Key Points

• Patria raised its quarterly dividend to $0.1625 per share (an 8.3% increase), equivalent to $0.65 annually with a reported yield of 5.4%; the ex-dividend/record date is May 18 and the payment date is June 11.
• Dividend appears sustainable — the company has a payout ratio of 46.2%, and analysts forecast $1.59 EPS next year, implying an expected future payout ratio of about 37.7%.
• Shares slipped on the news, trading down 6.8% to $12.04 on heavy volume; Patria’s market cap is roughly $800.9M with a P/E of 24.08 and a 52-week range of $11.05–$17.80.

Patria Investments Limited (NYSE:PAX - Get Free Report) declared a quarterly dividend on Thursday, May 7th. Shareholders 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 5.4%. 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 dividend payout ratio of 46.2% indicating that its dividend is sufficiently covered by earnings. Equities 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 $0.60 annual dividend with an expected future payout ratio of 37.7%.

Patria Investments Trading Down 6.8%

Shares of PAX stock traded down $0.88 during mid-day trading on Thursday, hitting $12.04. 2,269,680 shares of the company's stock were exchanged, compared to its average volume of 961,083. The stock has a market cap of $800.94 million, a price-to-earnings ratio of 24.08, a PEG 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 fifty-two week low of $11.05 and a fifty-two week high of $17.80. The stock has a 50-day simple moving average of $12.39 and a two-hundred day simple moving average of $14.29.

Patria Investments Company Profile

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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