Park National Co. (PRK) to Issue Quarterly Dividend of $0.94 on December 8th
Park National Co. (NYSEAMERICAN:PRK) declared a quarterly dividend on Wednesday, October 25th, Wall Street Journal reports. Shareholders of record on Friday, November 17th will be paid a dividend of 0.94 per share by the financial services provider on Friday, December 8th. This represents a $3.76 annualized dividend and a yield of 3.54%. The ex-dividend date is Thursday, November 16th.
Park National (NYSEAMERICAN:PRK) opened at $106.32 on Wednesday. Park National has a fifty-two week low of $92.42 and a fifty-two week high of $122.88.
Park National (NYSEAMERICAN:PRK) last announced its quarterly earnings results on Monday, October 23rd. The financial services provider reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by ($0.02). The firm had revenue of $83.64 million during the quarter, compared to the consensus estimate of $81.14 million. Park National had a return on equity of 11.73% and a net margin of 26.44%.
PRK has been the subject of several analyst reports. downgraded Park National from a “hold” rating to a “sell” rating in a research note on Wednesday, September 13th. downgraded Park National from a “sell” rating to a “strong sell” rating in a research note on Monday, July 24th. Finally, reissued a “hold” rating on shares of Park National in a research note on Tuesday, October 24th.
About Park National
Park National Corporation (Park) is a financial holding company. Park’s principal business consists of owning and supervising its subsidiaries. Park’s banking operations are conducted through The Park National Bank (Park National Bank). Its segments include Park National Bank, Guardian Financial Services Company (Guardian Finance) and SE Property Holdings, LLC (SEPH).
Receive News & Stock Ratings for Park National Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Park National Co. and related stocks with our FREE daily email newsletter.