Ex-Dividend Reminder: Patria Investments, Flex LNG and La-Z-BoyBy Dividend Channel Staff, Monday, August 30, 10:01 AM ETOn 9/1/21, Patria Investments Limited - Class Ahares (NASDAQ:PAX), Flex LNG Ltd (NYSE:FLNG), and La-Z-Boy Inc. (NYSE:LZB) will all trade ex-dividend for their respective upcoming dividends. Patria Investments Limited - Class Ahares will pay its quarterly dividend of $0.463 on 9/16/21, Flex LNG Ltd will pay its quarterly dividend of $0.40 on 9/16/21, and La-Z-Boy Inc. will pay its quarterly dividend of $0.15 on 9/15/21. As a percentage of PAX's recent stock price of $16.19, this dividend works out to approximately 2.86%, so look for shares of Patria Investments Limited - Class Ahares to trade 2.86% lower — all else being equal — when PAX shares open for trading on 9/1/21. Similarly, investors should look for FLNG to open 2.54% lower in price and for LZB to open 0.42% lower, all else being equal. Below are dividend history charts for PAX, FLNG, and LZB, showing historical dividends prior to the most recent ones declared. Patria Investments Limited - Class Ahares (NASDAQ:PAX): Flex LNG Ltd (NYSE:FLNG): La-Z-Boy Inc. (NYSE:LZB): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 11.44% for Patria Investments Limited - Class Ahares, 10.17% for Flex LNG Ltd, and 1.69% for La-Z-Boy Inc.. Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter In Monday trading, Patria Investments Limited - Class Ahares shares are currently down about 0.3%, Flex LNG Ltd shares are up about 1.8%, and La-Z-Boy Inc. shares are off about 0.2% on the day.
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