Key Highlights

  • Against third-quarter 2026 distributable Earnings of USD 0.30 per share, the USD 0.1625 quarterly dividend yields a calculated payout of 54%, with roughly USD 0.1375 per share kept back.
  • Fee related earnings climbed 7% to USD 52.8 million, up from USD 49.5 million, with a 53.7% margin, while distributable earnings totaled USD 46.9 million for the third quarter.
  • Fundraising hit USD 6.9 billion across nine months, which met the full-year objective a quarter early. Third-quarter raises were USD 2.4 billion, and pending fee-earning Assets are valued at USD 4.8 billion.
  • Total assets under management top USD 62 billion, and more than 85% of fee-earning holdings, leaving out separately managed accounts and funds run by third parties, match or beat their benchmark since inception.

Declared Amount and Timing: Record Date, Payment and Annual Run Rate at Patria Investments Limited (NASDAQ:PAX)

The board set a quarterly dividend of USD 0.1625 per share, scheduled for December 11, 2026, for shareholders of record on November 13, 2026. If that quarterly rate continues, the calculated annual figure is USD 0.65 per share. The company release sets out no formal payout ratio, so distributable earnings serve as the benchmark. In the third quarter those earnings were USD 0.30 per share, which implies a calculated payout of 54% for Patria Investments Limited (NASDAQ:PAX).

Coverage Quality: IFRS Income Versus Distributable Earnings at Patria Investments Limited (NASDAQ:PAX)

In the third quarter, Net Income under IFRS attributable to Patria totaled USD 7.2 million, roughly 15% of the USD 46.9 million in distributable earnings (calculated), a figure that leaves aside non-cash and non-recurring items. Distributable earnings amount to roughly 89% of fee related earnings (calculated). The fee related earnings line, at USD 52.8 million, rose 7% with a Margin of 53.7%, and per-share fee related earnings are up 16% year to date. The USD 46.9 million distributable figure at USD 0.30 per share implies roughly 156 million weighted shares (calculated). Management says it remains confident about meeting 2026 guidance at Patria Investments Limited (NASDAQ:PAX), though the release does not restate numeric targets.

Assets, Fundraising and Track Record: Benchmark Performance and Capital Raised at Patria Investments Limited (NASDAQ:PAX)

Total assets under management are above USD 62 billion, and more than 85% of fee-earning assets, excluding separately managed accounts and third-party managed funds, sit in funds that match or beat benchmark since inception. That performance backs fundraising of USD 6.9 billion over nine months. As general context, the main risks are reliance on Latin American fundraising, performance fee timing, currency swings versus the dollar, and a difference between IFRS and distributable earnings that may enlarge when realizations are slower for Patria Investments Limited (NASDAQ:PAX).

Where Things Stand

In the third quarter of 2026, Patria Investments Limited (NASDAQ:PAX) generated USD 0.30 per share of distributable earnings, which compares with a USD 0.1625 quarterly payment and implies a 54% payout (calculated). Fee related earnings reached USD 52.8 million, a 7% advance on USD 49.5 million, and fundraising for nine months reached USD 6.9 billion, meeting the annual target a quarter ahead. Assets under management total more than USD 62 billion. December 11, 2026 is the payment date, following the November 13, 2026 record date. What matters most for institutional holders is whether the 53.7% fee related earnings margin holds, how performance fees are timed and how quickly USD 4.8 billion of pending fee-earning assets becomes billable.