Park National Corporation

NYSEAM:PRK Stock Report

Market Cap: US$3.1b

Park National Dividends and Buybacks

Dividend criteria checks 5/6

Park National is a dividend paying company with a current yield of 2.21% 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 Yield2.3%
Future Dividend Yield2.2%
Dividend Growth-3.6%
Next dividend pay date10 Dec 24
Ex dividend date15 Nov 24
Dividend per shareUS$4.240
Payout ratio50%

Recent dividend and buyback updates

Recent updates

Park National Corporation's (NYSEMKT:PRK) CEO Will Probably Have Their Compensation Approved By Shareholders

Apr 20
Park National Corporation's (NYSEMKT:PRK) CEO Will Probably Have Their Compensation Approved By Shareholders

Are You An Income Investor? Don't Miss Out On Park National Corporation (NYSEMKT:PRK)

Apr 05
Are You An Income Investor? Don't Miss Out On Park National Corporation (NYSEMKT:PRK)

If You Like EPS Growth Then Check Out Park National (NYSEMKT:PRK) Before It's Too Late

Mar 08
If You Like EPS Growth Then Check Out Park National (NYSEMKT:PRK) Before It's Too Late

Be Sure To Check Out Park National Corporation (NYSEMKT:PRK) Before It Goes Ex-Dividend

Feb 13
Be Sure To Check Out Park National Corporation (NYSEMKT:PRK) Before It Goes Ex-Dividend

Results: Park National Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

Jan 29
Results: Park National Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

What Is The Ownership Structure Like For Park National Corporation (NYSEMKT:PRK)?

Jan 25
What Is The Ownership Structure Like For Park National Corporation (NYSEMKT:PRK)?

Read This Before Selling Park National Corporation (NYSEMKT:PRK) Shares

Dec 30
Read This Before Selling Park National Corporation (NYSEMKT:PRK) Shares

Shareholders Of Park National (NYSEMKT:PRK) Must Be Happy With Their 40% Return

Dec 07
Shareholders Of Park National (NYSEMKT:PRK) Must Be Happy With Their 40% Return

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: PRK's dividends per share have been stable in the past 10 years.

Growing Dividend: PRK's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Park National Dividend Yield vs Market
How does PRK dividend yield compare to the market?
SegmentDividend Yield
Company (PRK)2.2%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.2%
Industry Average (Banks)2.5%
Analyst forecast (PRK) (up to 3 years)2.2%

Notable Dividend: PRK's dividend (2.21%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: PRK's dividend (2.21%) is low compared to the top 25% of dividend payers in the US market (4.24%).


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (49.7%), PRK's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PRK's dividends in 3 years are forecast to be well covered by earnings (48.5% payout ratio).


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