Park National Corporation (PRK) Dividends

Park National Corporation (PRK): $120.69

3.15 (+2.68%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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 Ex-Dividend Date
PRK Dividend Yield
3.51%
PRK Annual Dividend
$4.12
PRK Payout Ratio

PRK Price Forecast Based on Dividend Discount Model

Current PriceDDM 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

Ex-Dividend Date Type Payout Amount Change
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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.
Rank Symbol Name Dividend Yield
1 TFSL TFS Financial Corporation 6.04%
2 CIZN Citizens Holding Company 5.45%
3 MSBI Midland States Bancorp, Inc. 4.83%
4 PEBO Peoples Bancorp Inc. 4.70%
5 ATLO Ames National Corporation 4.50%
6 MBTF M B T Financial Corp 4.47%
7 MCBC Macatawa Bank Corporation 4.24%
8 FFBC First Financial Bancorp. 4.17%
9 HBAN Huntington Bancshares Incorporated 4.14%
10 IBCP Independent Bank Corporation 4.12%
11 WSBF Waterstone Financial, Inc. 4.02%
12 MBWM Mercantile Bank Corporation 4.02%
13 COFS ChoiceOne Financial Services, Inc. 4.01%
14 BUSE First Busey Corporation 4.00%
15 ASB Associated Banc-Corp 3.99%
16 PFC Premier Financial Corp. 3.63%
17 BFIN BankFinancial Corporation 3.56%
18 ONB Old National Bancorp 3.54%
19 PRK Park National Corporation 3.51%
20 CHFC Chemical Financial Corporation 3.24%
21 MFSF MutualFirst Financial Inc. 3.22%
22 FMBI First Midwest Bancorp, Inc. 3.15%
23 FMAO Farmers & Merchants Bancorp, Inc. 3.01%
24 CFFN Capitol Federal Financial, Inc. 3.01%
25 FRME First Merchants Corporation 2.97%
26 FMNB Farmers National Banc Corp. 2.92%
27 LARK Landmark Bancorp Inc. 2.91%
28 SRCE 1st Source Corporation 2.78%
29 FITB Fifth Third Bancorp 2.77%
30 MBCN Middlefield Banc Corp. 2.73%
31 HWBK Hawthorn Bancshares, Inc. 2.70%
32 THFF First Financial Corporation Indiana 2.67%
33 UBOH United Bancshares, Inc. 2.66%
34 FBIZ First Business Financial Services, Inc. 2.64%
35 MFNC Mackinac Financial Corporation 2.60%
36 SFNC Simmons First National Corporation 2.59%
37 GFED Guaranty Federal Bancshares, Inc. 2.51%
38 SBFG SB Financial Group, Inc. 2.49%
39 FCAP First Capital, Inc. 2.48%
40 NBHC National Bank Holdings Corporation 2.38%
41 GABC German American Bancorp, Inc. 2.31%
42 FMBH First Mid Bancshares, Inc. 2.31%
43 EBMT Eagle Bancorp Montana, Inc. 2.30%
44 MBFI MB Financial Inc. 2.27%
45 LKFN Lakeland Financial Corporation 2.12%
46 SMBC Southern Missouri Bancorp, Inc. 1.86%
47 MSFG MainSource Financial Group, Inc. 1.82%
48 FSFG First Savings Financial Group, Inc. 1.74%
49 OSBC Old Second Bancorp, Inc. 1.69%
50 ALTA Altabancorp 1.68%
51 CZWI Citizens Community Bancorp, Inc. 1.68%
52 WTFC Wintrust Financial Corporation 1.67%
53 BKMU Bank Mutual Corporation 1.58%
54 CBSH Commerce Bancshares, Inc. 1.58%
55 BY Byline Bancorp, Inc. 1.57%
56 FFWM First Foundation Inc. 1.45%
57 IROQ IF Bancorp, Inc. 1.37%
58 BFC Bank First Corporation 1.24%
59 ICBK County Bancorp, Inc. 1.13%
60 LEVL Level One Bancorp, Inc. 0.85%
61 INBK First Internet Bancorp 0.81%
62 GWB Great Western Bancorp, Inc. 0.65%
63 CFBK Central Federal Corporation 0.61%
64 CASH Meta Financial Group, Inc. 0.39%
65 PVTB PrivateBancorp, Inc. 0.07%
66 NCBS Nicolet Bankshares Inc. 0.00%
67 HMNF HMN Financial, Inc. 0.00%
68 FCFP First Community Financial Partners, Inc. 0.00%
69 EQBK Equity Bancshares, Inc. - 0.00%
70 BWB Bridgewater Bancshares, Inc. 0.00%
71 TCF TCF Financial Corporation 0.00%
72 CBCYB Central Bancompany, Inc. 0.00%

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

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