Park National Corporation operates as the bank holding company for Park National Bank that provides commercial banking and trust services in small and medium population areas. The company offers deposits for demand, savings, and time accounts; trust and wealth management services; cash management services; safe deposit operations; electronic funds transfers; Internet and mobile banking solutions with bill pay service; credit cards; and various additional banking-related services for individual customers. It also provides commercial loans, including financing for industrial and commercial properties, financing for equipment, inventory and accounts receivable, acquisition financing, and commercial leasing, as well as for consumer finance companies; commercial real estate loans comprising mortgage loans to developers and owners of commercial real estate; consumer loans, such as automobile loans and leases; consumer finance services; home equity lines of credit; and residential real estate and construction loans, as well as installment loans and commercial loans. In addition, the company offers aircraft financing and asset management services. As of December 31, 2021, it operated 96 financial service offices and a network of 116 automated teller machines in 26 Ohio counties, 1 Kentucky county, 3 North Carolina counties, and 4 South Carolina counties. The company was founded in 1908 and is headquartered in Newark, Ohio.
Park National Dividend Announcement
• Park National announced a quarterly dividend of $1.06 per ordinary share which will be made payable on 2024-09-10. Ex dividend date: 2024-08-16
• Park National annual dividend for 2024 was $3.18
• Park National annual dividend for 2023 was $4.20
• Park National's trailing twelve-month (TTM) dividend yield is 2.59%
• Park National's payout ratio for the trailing twelve months (TTM) is 50.71%
• Park National's dividend growth over the last five years (2018-2023) was 0.63% year
• Park National's dividend growth over the last ten years (2013-2023) was -1.12% year
Park National Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-16 | $1.06 | quarterly | 2024-09-10 |
| 2024-05-16 | $1.06 | quarterly | 2024-06-10 |
| 2024-02-15 | $1.06 | quarterly | 2024-03-08 |
| 2023-11-16 | $1.05 | quarterly | 2023-12-08 |
| 2023-08-17 | $1.05 | quarterly | 2023-09-08 |
| 2023-05-18 | $1.05 | quarterly | 2023-06-09 |
| 2023-02-16 | $1.05 | quarterly | 2023-03-10 |
| 2022-11-17 | $1.54 | quarterly | 2022-12-09 |
| 2022-08-18 | $1.04 | quarterly | 2022-09-09 |
| 2022-05-19 | $1.04 | quarterly | 2022-06-10 |
| 2022-02-17 | $1.04 | quarterly | 2022-03-10 |
| 2021-11-18 | $1.03 | quarterly | 2021-12-10 |
| 2021-08-19 | $1.03 | quarterly | 2021-09-10 |
| 2021-05-20 | $1.03 | quarterly | 2021-06-10 |
| 2021-02-18 | $1.23 | quarterly | 2021-03-10 |
| 2020-11-19 | $1.02 | quarterly | 2020-12-10 |
| 2020-08-20 | $1.02 | quarterly | 2020-09-10 |
| 2020-05-21 | $1.02 | quarterly | 2020-06-10 |
| 2020-02-20 | $1.22 | quarterly | 2020-03-10 |
| 2019-11-14 | $1.01 | quarterly | 2019-12-10 |
| 2019-08-15 | $1.01 | quarterly | 2019-09-10 |
| 2019-05-16 | $1.01 | quarterly | 2019-06-10 |
| 2019-02-14 | $1.21 | quarterly | 2019-03-08 |
| 2018-11-15 | $0.96 | quarterly | 2018-12-10 |
| 2018-08-16 | $0.96 | quarterly | 2018-09-10 |
| 2018-05-17 | $1.21 | quarterly | 2018-06-08 |
| 2018-02-15 | $0.94 | quarterly | 2018-03-09 |
| 2017-11-16 | $0.94 | quarterly | 2017-12-08 |
| 2017-08-16 | $0.94 | quarterly | 2017-09-08 |
| 2017-05-17 | $0.94 | quarterly | 2017-06-09 |
| 2017-02-15 | $0.94 | quarterly | 2017-03-10 |
| 2016-11-16 | $0.94 | quarterly | 2016-12-09 |
| 2016-08-17 | $0.94 | quarterly | 2016-09-09 |
| 2016-05-18 | $0.94 | quarterly | 2016-06-10 |
| 2016-02-17 | $0.94 | quarterly | 2016-03-10 |
| 2015-11-18 | $0.94 | quarterly | 2015-12-10 |
| 2015-08-19 | $0.94 | quarterly | 2015-09-10 |
| 2015-05-20 | $0.94 | quarterly | 2015-06-10 |
| 2015-02-18 | $0.94 | quarterly | 2015-03-10 |
| 2014-11-19 | $0.94 | quarterly | 2014-12-10 |
| 2014-08-20 | $0.94 | quarterly | 2014-09-10 |
| 2014-05-21 | $0.94 | quarterly | 2014-06-10 |
| 2014-02-19 | $0.94 | quarterly | 2014-03-10 |
| 2013-11-20 | $0.94 | quarterly | 2013-12-10 |
| 2013-11-18 | $0.94 | quarterly | |
| 2013-08-21 | $0.94 | quarterly | 2013-09-10 |
| 2013-05-20 | $0.94 | quarterly | 2013-06-10 |
| 2013-02-20 | $0.94 | quarterly | 2013-03-08 |
Park National Dividend per year
Park National Dividend growth
Park National Dividend Yield
Park National current trailing twelve-month (TTM) dividend yield is 2.59%. Interested in purchasing Park National stock? Use our calculator to estimate your expected dividend yield:
Park National Financial Ratios
P/E ratio19.41
PEG ratio1.93
P/B ratio2.23
ROE11.89%
Payout ratio50.71%
Current ratio0.18
Quick ratio0.14
Cash Ratio0.10
Park National Dividend FAQ
How much is the next Park National dividend?
Park National's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Park National dividend. The next Park National dividend will be released in February, May, August, or November.
When is Park National dividend paid?
Park National pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Park National pay?
The specific amount of Park National dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Park National's dividend history.
Does Park National stock pay dividends?
Yes, Park National does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Park National's dividend history.
How much dividend does Park National pay?
Park National paid $3.18 in 2024, $4.2 in 2023, $4.66 in 2022, $4.32 in 2021, and $4.28 in 2020.
How often does Park National pay dividends?
Park National typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Park National's dividend yield?
The current dividend yield for Park National is 2.59%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Park National's exact dividend yield.
When does Park National go ex dividend?
Park National's ex-dividend date for the latest dividend was on 2024-08-16. Park National typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Park National dividend paid?
Park National pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Park National increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Park National will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Park National dividend per share?
Park National paid $3.18 per share in 2024 and $4.2 per share in 2023. The amount of dividend per share that Park National pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Park National a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Park National a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Park National a dividend stock?
Yes, Park National is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Park National a good dividend stock?
Whether Park National is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Park National has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Park National as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Park National as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Park National pay dividends monthly?
Park National typically pays dividends on a quarterly basis.
Does Park National pay dividends quarterly?
Park National currently pays dividends on a quarterly basis.
Has Park National ever paid a dividend?
Yes, Park National has a history of paying dividends to its shareholders. Park National is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Park National dividend stocks?
To buy Park National you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Park National stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Park National stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Park National pay dividends 2024?
Park National pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-10. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Park National increase its dividend in 2024?
Decisions regarding Park National dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Park National dividend overview you can look into the above table of dividend history.
How Park National dividend works?
The Park National dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Park National's dividend process works:
1. Determination of Dividend: Park National's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Park National publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Park National distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Park National are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Park National's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Park National publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Park National distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Park National are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Park National dividends paid?
Park National dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Park National sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Park National distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Park National declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Park National sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Park National distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Park National declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Park National pay dividends?
Park National typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Park National pay dividends?
The general pattern is that Park National pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Park National dividend safe?
The safety of Park National's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Park National's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Park National's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Park National's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Park National's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.