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Stock impact report

It Might Not Be A Great Idea To Buy Patria Investments Limited (NASDAQ:PAX) For Its Next Dividend [Yahoo! Finance]

Patria Investments Limited - Class A Common Shares (PAX) 
Company Research Source: Yahoo! Finance
The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. Meaning, you will need to purchase Patria Investments' shares before the 18th of November to receive the dividend, which will be paid on the 9th of December. The company's upcoming dividend is US$0.15 a share, following on from the last 12 months, when the company distributed a total of US$0.98 per share to shareholders. Last year's total dividend payments show that Patria Investments has a trailing yield of 8.0% on the current share price of US$12.26. If you buy this business for its dividend, you should have an idea of whether Patria Investments's dividend is reliable and sustainable. So we need to investigate whether Patri Show less Read more
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