Park National Corporation (PRK) Dividends
Dividend Yield and Dividend History Highlights
- PRK's free cash flow has been growing at a compound average annual rate of -275.92% over the past 5.5 years -- higher than 3.24% of current US-listed dividend stocks.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with PRK that may be suitable potential portfolio mates: BMA, MRTN, NVS, COG and LAUR.
PRK Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $120.69 | $129.62 | 11.82% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for PRK, the DDM model, as implemented by StockNews, implies a positive return of 11.82% relative to its current price. To help understand and contextualize the model's evaluation of PRK, investors may wish to consider are:
- Relative to all dividend yielding stocks in our set, Park National Corp's dividend yield of 3.55% is in the top 24.32%.
- In comparison to other US listed dividend yielding stocks in the Financial Services sector, the expected return of 11.82%, based on the stock's current share price and target price based on a dividend discount model, is greater than 74% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, PRK has a discount rate lower than 74% of them (a lower discount rate is associated with lower risk).
- PRK's growth rate in terms of the amount of dividends it returns to shareholders is greater than only 25% of its fellow dividend stocks in the Financial Services sector.
PRK Dividend Chart
PRK Dividend History
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PRK Dividends vs. Peers
PRK's dividend yield currently ranks #19 of 72 vs. its peers in the Midwest Regional Banks category.
Looking for More Information on PRK dividends?
Want to see what other sources are saying about Park National Corp's dividends? Try the links below:Park National Corp Common Stock (PRK) Dividend History | Nasdaq
Dividend History for Park National Corp (PRK) - Dividend Investor
Park National Corp (PRK) Dividend History - Seeking Alpha