Park National Dividends and Buybacks
Dividend criteria checks 5/6
Park National is a dividend paying company with a current yield of 2.19% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 15th November, 2024.
Key information
2.2%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | 2.2% |
| Dividend Growth | -3.6% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | €3.892 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PAZ's dividends per share have been stable in the past 10 years.
Growing Dividend: PAZ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Park National Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PAZ) | 2.2% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Banks) | 6.3% |
| Analyst forecast (PAZ) (up to 3 years) | 2.2% |
Notable Dividend: PAZ's dividend (2.19%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: PAZ's dividend (2.19%) is low compared to the top 25% of dividend payers in the German market (4.79%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.7%), PAZ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PAZ's dividends in 3 years are forecast to be well covered by earnings (48.5% payout ratio).