PAX Stock — Patria Investments Limited

Patria Investments Limited (PAX)

Updated October 16, 2026.

PAX is a Stock. its distribution rate is 5.57%, its trailing-12-month yield is 5.35%. Dividend Vision Distribution Safety Score™ is 46/100 (Caution). Total return is -24.5% over the past 5.7 years, 139.7 points behind SPY at 115.2%.

Patria Investments Limited is a private market investment firm specializing in private equity, infrastructure, real estate, and credit strategies with a geographic focus on Latin America. The company distributes dividends on a quarterly basis at a current high distribution rate. It appeals to income-focused investors seeking exposure to alternative investments and emerging markets.

PAX performance versus SPY

Price and return data through 2026-10-16.

Total return is -24.5% over the past 5.7 years, 139.7 points behind SPY at 115.2%. Over the past year its total return — price change plus distributions reinvested — is -14.3%. Its deepest 1-year drawdown was 40.9%.

PAX key facts

Distribution Safety Score™

46 · Caution

Safety-Adjusted Yield

2.56%

Asset type

Stock

Asset class

Equity

Inception date

01/22/2021

Distribution rate

5.57%

Distribution frequency

Quarterly

Trailing yield

5.35%

5-year average yield

5.45

Last close

$11.70 (as of 2026-10-16)

Market cap

$830,756,593

Average volume

1362127.0

Dividend

$0.163

Ex-dividend date

08/10/2026

Payment date

09/14/2026

Beta

0.784

Payout ratio

45.0%

P/E ratio

27.21

Forward P/E

8.1367

EPS

$0.43

How Dividend Vision calculates yield and returns

Distribution rate (5.57%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (5.35%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PAX risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 40.9%.

Who may consider PAX — and who may not

PAX may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (PAX pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on PAX

• All tickers starting with P

Tagged: Dividend, Financials, International.

Frequently asked questions