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Park National (Park National) Dividend Yield % : 3.13% (As of Apr. 25, 2024)


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What is Park National Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Park National is 3.13%.

Warning Sign:

Park National Corp stock dividend yield is close to 10-year low.

The historical rank and industry rank for Park National's Dividend Yield % or its related term are showing as below:

PRK' s Dividend Yield % Range Over the Past 10 Years
Min: 2.81   Med: 3.95   Max: 6.19
Current: 3.13

During the past 13 years, the highest Dividend Yield of Park National was 6.19%. The lowest was 2.81%. And the median was 3.95%.

PRK's Dividend Yield % is ranked worse than
67.05% of 1205 companies
in the Banks industry
Industry Median: 3.95 vs PRK: 3.13

Park National's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.53.

During the past 13 years, the highest Dividend Payout Ratio of Park National was 0.72. The lowest was 0.46. And the median was 0.59.

As of today (2024-04-25), the Forward Dividend Yield % of Park National is 3.16%.

Park National's Dividends per Share for the three months ended in Dec. 2023 was $1.05.

During the past 12 months, Park National's average Dividends Per Share Growth Rate was 1.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Park National was 21.90% per year. The lowest was -0.10% per year. And the median was 6.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Park National Dividend Yield % Historical Data

The historical data trend for Park National's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Park National Dividend Yield % Chart

Park National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.95 3.89 3.00 2.93 3.16

Park National Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.52 4.09 4.43 3.16 3.10

Competitive Comparison of Park National's Dividend Yield %

For the Banks - Regional subindustry, Park National's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Park National's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Park National's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Park National's Dividend Yield % falls into.



Park National Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Park National Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.0602024-02-152024-02-162024-03-08Cash DividendquarterlyUSD:USD 1.000000
USD 1.0502023-11-162023-11-172023-12-08Cash DividendquarterlyUSD:USD 1.000000
USD 1.0502023-08-172023-08-182023-09-08Cash DividendquarterlyUSD:USD 1.000000
USD 1.0502023-05-182023-05-192023-06-09Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Park National's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4.21/134.74
=3.12 %

Current Share Price is $134.74.
Park National's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.21.

Park National's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4.24/134.74
=3.15 %

Current Share Price is $134.74.
Park National's Dividends per Share for the forward twelve months is calculated as $1.06 * 4 = $4.24.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Park National  (AMEX:PRK) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Park National Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Park National's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Park National (Park National) Business Description

Traded in Other Exchanges
N/A
Address
50 North Third Street, P.O. Box 3500, Newark, OH, USA, 43058-3500
Park National Corp is a diversified financial services company based in Newark, Ohio, consisting of 11 community banking divisions with more than 100 offices in Ohio and Kentucky. Park National provides banking and other financial services to consumers and businesses.
Executives
Englefield F W Iv director 50 NORTH THIRD STREET, P O BOX 3500, NEWARK OH 43058-3500
Dan Delawder director, officer: President and CEO
Miller Daniel Byrd Iii director 50 N THIRD ST, NEWARK OH 43055
Frederic M Bertley director 50 N THIRD ST, NEWARK OH 43055
Robert E Oneill director 50 N THIRD STREET, NEWARK OH 43055
Mark R Ramser director 50 N THIRD ST, NEWARK OH 43055
Timothy S. Mclain director 50 NORTH THIRD STREET, PO BOX 3500, NEWARK OH 43058-3500
James R Deroberts director 50 N THIRD STREET, NEWARK OH 43055
Jason N Judd director 50 N THIRD ST, NEWARK OH 43055
Leon Zazworsky director 50 NORTH THIRD STREET, PO BOX 3500, NEWARK OH 43058-3500
Kelly A Edds officer: Chief Accounting Officer 50 N THIRD STREET, NEWARK OH 43055
Alicia J Hupp director 50 N THIRD STREET, NEWARK OH 43055
Julia A Sloat director 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Brady T Burt officer: Chief Financial Officer 0015 BENCHMARK ROAD, SUITE 300, P.O. BOX 6580, AVON CO 81620
Matthew R Miller officer: Chief Accounting Officer 50 NORTH THIRD STREET, NEWARK OH 43055

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