Patria Private Equity Trust paid a dividend of $4.2 per share for the last period and Investing.com’s annual yield

LONDON – Patria Private Equity Trust plc has announced that it will increase its fourth interim dividend for the financial year ending September 30, 2024. Shareholders will receive a payout of 4.2 pence per ordinary share, which is a 5% increase compared to last year’s dividend of 4.0 pence per share.

The next dividend is scheduled to be paid on January 24, 2025 to all shareholders of record as of December 13, 2024. The ex-dividend date is scheduled for December 12, 2024. This fourth interim dividend brings total dividends for the year to 16.8 pence. per ordinary share, up from last year’s price of 16.0 pence per share. As of November 25, 2024, the dividend yield, based on the share price, stands at 3.1%.

The company also offers a Financial Dividend Return Plan (DRIP), managed by Equiniti Financial Services Limited. This plan allows shareholders the option to reinvest their shares in the company’s common stock. Those interested in participating in the January 24 benefit DRIP must submit their nominations by January 3, 2025.

A DRIP is designed to provide shareholders with an easy way to increase their investment in a company without incurring the usual costs associated with buying shares on the open market. Details of the DRIP, including terms, conditions, and associated fees, are available on the company’s website.

Shareholders who wish to register for DRIP for the first time must ensure that their authorization forms or CREST instructions are sent to the company’s registrar, Equiniti Limited, no later than 3 January. Online applications are accepted, and authorization forms can be downloaded from the company’s DRIP information page.

This equity announcement is based on a press release from Patria Private Equity Trust plc.

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