Park National Corp. (PRK) Raises Quarterly Dividend 2.1% to $0.96; 3.6% Yield
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Park National Corp. (NYSE: PRK) declared a quarterly dividend of $0.96 per share, or $3.84 annualized. This is a 2.1% increase from the prior dividend of $0.94.
The dividend will be payable on June 8, 2018, to stockholders of record on May 18, 2018, with an ex-dividend date of May 17, 2018.
The annual yield on the dividend is 3.6 percent.
“With each decision, we aim to serve the best interests of our clients, associates, shareholders and communities. The results of our local bankers’ consistently excellent work plus developments in our country’s economic environment permitted us to distribute our earnings in a variety of ways,” said Park Chief Executive Officer David L. Trautman. “These dividends thank our shareholders – many of whom are our own associates, retirees and fellow community members. They understand who we are and loyally support our organization year after year.”
For a dividend history and other dividend-related data on Park National Corp. (PRK) click here.
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