Patria Investments Limited (NYSE:PAX – Get Free Report) declared a quarterly dividend on Friday, July 31st. Shareholders of record on Monday, August 10th will be given a dividend of 0.1625 per share on Monday, September 14th. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date is Monday, August 10th.
Patria Investments has a payout ratio of 50.0% indicating that 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 Trading Down 1.4%
NYSE PAX traded down $0.15 during trading on Friday, reaching $10.82. 1,845,281 shares of the stock traded hands, compared to its average volume of 954,343. The stock’s 50-day moving average price is $11.17 and its 200 day moving average price is $12.52. Patria Investments has a fifty-two week low of $10.55 and a fifty-two 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 firm has a market cap of $719.78 million, a price-to-earnings ratio of 21.64, a price-to-earnings-growth ratio of 1.28 and a beta of 0.74.
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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