Park National (Park National) Dividend Payout Ratio : 0.53 (As of Dec. 2023)

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Park National Dividend Payout Ratio Definition

Park National's dividend payout ratio for the months ended in Dec. 2023 was 0.53.

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

PRK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.46 Med: 0.59 Max: 0.72
Current: 0.5

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.

PRK's Dividend Payout Ratio is ranked worse than
73.67% of 1090 companies
in the Banks industry
Industry Median: 0.34 vs PRK: 0.50

As of today (2024-04-24), the Dividend Yield % of Park National is 3.06%.

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

Park National's Dividends per Share for the 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 Payout Ratio Historical Data

The historical data trend for Park National's Dividend Payout Ratio 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.63

0.56

0.46

0.51

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 Payout Ratio	Get a 7-Day Free Trial															0.52	0.54	0.46	0.53	0.49

Competitive Comparison

For the Banks - Regional subindustry, Park National's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

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

* The bar in red indicates where Park National's Dividend Payout Ratio falls into.

Park National Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Park National's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	4.2	/	8.24
	=	0.51

Park National's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	1.05	/	2
	=	0.53

Park National (AMEX:PRK) Dividend Payout Ratio Explanation

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.

Park National Dividend Payout Ratio Related Terms

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

Park National (Park National) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Park National Corp (AMEX:PRK) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 North Third Street, P.O. Box 3500, Newark, OH, USA, 43058-3500

Website

http://www.parknationalcorp.com

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