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Patrick Industries (PATK) Dividend Yield, Date & History

Patrick Industries logo
$82.89 -0.63 (-0.75%)
(As of 12/20/2024 05:31 PM ET)

Patrick Industries Dividend Summary

Dividend Yield
1.93%
Annual Dividend
$1.60
Recent
Dividend Payment
Dec. 9
Annualized 3-Year
Dividend Growth
22.64%
Dividend Payout Ratio
34.48%

Patrick Industries (PATK) pays an annual dividend of $1.60 per share, with a dividend yield of 1.93%. The next quarterly payment of $0.40 per share was paid on Monday, December 9, to investors who owned the stock before the ex-dividend date of Monday, November 25. The company currently pays out 34.48% of its earnings and 19.61% of its cash flow as dividends.

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PATK Dividend Payments by Quarter

The chart below displays up to four years of Patrick Industries' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

PATK Dividend Yield Over Time

The chart below tracks Patrick Industries' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Patrick Industries vs. The Competition

Compare Patrick Industries' annual dividend, yield, and 3-year growth rate with averages for Construction and NASDAQ companies to evaluate its performance against the market.

TypePatrick IndustriesConstruction CompaniesNASDAQ Companies
Annual Dividend$1.60$0.01$1.31
Dividend Yield1.93%1.87%4.21%
Annualized 3-Year Dividend Growth22.64%20.40%14.22%

Patrick Industries Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings34.48%
Based on This Year's Estimate24.88%
Based on Next Year's Estimate19.75%
Based on Cashflow19.61%

Patrick Industries Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/14/2024quarterly$0.40+$0.0333
9.09%
1.7%11/25/202411/25/202412/9/2024
8/15/2024Quarterly$0.3667 - 1.75%8/26/20248/26/20249/9/2024
5/16/2024Quarterly$0.3667 - 1.96%6/3/20246/3/20246/17/2024
2/5/2024Quarterly$0.3667 - 2.09%2/16/20242/20/20243/4/2024
11/15/2023Quarterly$0.3667+$0.0667
22.22%
2.63%11/24/202311/27/202312/11/2023
8/17/2023Quarterly$0.30 - 2.24%8/25/20238/28/20239/11/2023
5/25/2023Quarterly$0.30 - 2.54%6/9/20236/12/20236/26/2023
2/6/2023Quarterly$0.30 - 2.44%2/17/20232/21/20233/6/2023

This table shows Patrick Industries' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Patrick Industries Dividend - Frequently Asked Questions

The current dividend yield for Patrick Industries is 1.93%. Learn more on PATK's dividend yield history.

The annual dividend for PATK shares is $1.60. Learn more on PATK's annual dividend history.

Patrick Industries pays quarterly dividends to shareholders.

Patrick Industries's most recent quarterly dividend payment of $0.40 per share was made to shareholders on Monday, December 9, 2024.

Patrick Industries's most recent ex-dividend date was Monday, November 25, 2024.

Over the past three years, the company's dividend has grown by an average of 22.64% per year.

The most recent change in the company's dividend was an increase of $0.0333 on Thursday, November 14, 2024.

The dividend payout ratio for PATK is:
  • 34.48% based on the trailing year of earnings
  • 24.88% based on this year's estimates
  • 19.75% based on next year's estimates
  • 19.61% based on cash flow

Patrick Industries' dividend yield of 1.82% is lower than the average Construction company that issues a dividend. Patrick Industries' dividend payout ratio of 34.48% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Patrick Industries stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NASDAQ:PATK) was last updated on 12/21/2024 by MarketBeat.com Staff
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