SmarterDividends
PAX

Patria Investments Limited

PAX

Financial Services · Asset Management · Stock · quarterly payer

$11.70

Undervalued · +27% Add to Portfolio

Forward Yield

5.55%

Annual Dividend

$0.65

Payout Ratio

142%

5-Yr Growth

—

Ex-Date

Aug 10, 2026

Frequency

Quarterly

Key facts about PAX's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Patria Investments Limited (PAX) has a forward dividend yield of 5.55%, based on an annual dividend of $0.65 per share and a share price of $11.70.
  • As of Oct 18, 2026, PAX's dividend safety grade from SmarterDividends is C (53 out of 100), which rates the dividend as borderline.
  • PAX last cut its regular dividend in 2024.
  • PAX's most recent ex-dividend date was Aug 10, 2026, for a dividend of $0.16 per share.
  • As of Oct 18, 2026, PAX pays out 142% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for PAX is $14.87 per share, 27% above the $11.70 share price, so PAX screens as undervalued.
  • Patria Investments Limited (PAX) pays its dividend quarterly, 4 times a year.
  • Patria Investments Limited (PAX) has raised its regular dividend 7 times and cut it 2 times across the 22 payments on record since 2021. Its most recent change was a 8.7% increase to $0.163 per share, going ex-dividend on May 18, 2026. The last cut went ex-dividend on Aug 19, 2024.
Cite this page

SmarterDividends, "PAX Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/PAX

Summary

As of Oct 18, 2026, Patria Investments Limited (PAX) yields 5.55% ($0.65 a year per share) and has a dividend safety grade of C (53/100).

Is PAX a good dividend stock?

Mixed

Patria Investments Limited (PAX) pays a quarterly dividend yielding 5.55% ($0.65/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2024
    • Elevated payout ratio (142%)
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    5.55%
    Payout Ratio
    142%
    Annual Dividend
    $0.65
    5-Yr Avg Growth
    —
    Ex-Dividend Date
    Aug 10, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    0.78
    Market Cap
    $1.9B
    P/E Ratio
    27.2
    5-Yr Total Return
    -31%
    52-Week Range
    $9.89 – $17.80
    Dividend Safety
    C · 53/100
    Ever Cut?
    Yes (2024)

    PAX dividend raises and cuts

    Patria Investments Limited (PAX) has raised its regular dividend 7 times and cut it 2 times across the 22 payments on record since 2021. Its most recent change was a 8.7% increase to $0.163 per share, going ex-dividend on May 18, 2026. The last cut went ex-dividend on Aug 19, 2024.

    Ex-dateChangeOld → newMove
    May 18, 2026Raise$0.150 → $0.163+8.7%
    Aug 19, 2024Cut$0.175 → $0.150−14.3%
    May 17, 2024Cut$0.251 → $0.175−30.3%
    Aug 15, 2023Raise$0.226 → $0.251+11.1%
    May 16, 2023Raise$0.171 → $0.226+32.2%
    Nov 14, 2022Raise$0.169 → $0.171+1.2%
    Sep 1, 2022Raise$0.160 → $0.169+5.6%
    Mar 1, 2022Raise$0.140 → $0.160+14.3%
    Dec 1, 2021Raise$0.106 → $0.140+32.1%
    Every PAX payment →Download every raise and cut (CSV)
    PAX ex-dividend date & scheduleNext ex-date Aug 10, 2026 · full ex-dividend historyView →PAX dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is PAX a good dividend stock?

    Mixed. Patria Investments Limited (PAX) pays a quarterly dividend yielding 5.55% ($0.65/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is PAX undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PAX's fair value is about $14.87 versus a $11.70 share price — so it looks undervalued (+27% vs. fair value).

    Is PAX's dividend safe?

    PAX has a dividend-safety grade of C (53/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2024, debt and yield-versus-history.

    What is PAX's fair value?

    Our blended fair-value estimate for PAX is about $14.87 per share, roughly 27% above the current $11.70 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is PAX a buy, hold, or sell?

    We don't issue formal ratings, but on the data PAX screens as "mixed" and undervalued. Patria Investments Limited (PAX) pays a quarterly dividend yielding 5.55% ($0.65/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will PAX cut its dividend?

    PAX earns a dividend-safety grade of C (53/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does PAX pay a dividend?

    Yes. Patria Investments Limited pays a quarterly dividend of about $0.65 per share annually, a forward yield of roughly 5.55%.

    What is PAX's dividend yield?

    As of Oct 18, 2026, PAX's forward dividend yield is 5.55%, based on a $0.65 annual dividend and a $11.70 share price.

    What is PAX's dividend per share?

    As of Oct 18, 2026, PAX pays $0.65 per share per year, distributed on a quarterly basis.

    What is PAX's dividend payout ratio?

    As of Oct 18, 2026, PAX's payout ratio is 142% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has PAX grown its dividend?

    PAX does not currently have a long dividend-growth streak on record.

    When is the next PAX ex-dividend date?

    As of Oct 18, 2026, PAX's next ex-dividend date hasn't been announced. The most recent was Aug 10, 2026, for $0.16 per share.

    PAX Dividend News

    PAX
    IncreasePAX·Sep 22, 2026

    Patria Investments Raises Quarterly Dividend 8.67%

    Patria Investments increased its quarterly dividend to $0.163 per share, giving the stock a 6.52% forward yield at a $10 share price.

    Income Calculator

    At $0.65 / yr per share

    Per payment (quarterly)$16.25
    Annual$65.00
    Monthly avg$5.42

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