Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, China, and Canada. Its Manufacturing segment manufactures and sells furniture, shelving, wall, countertop, and cabinet product; cabinet door, fiberglass bath fixture, and tile system; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum product; fiberglass and plastic components; RV painting; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinet; polymer-based flooring product; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile moulding; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat covers, tower, top, and frame; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite part, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panel, drywall and finishing product, electronic, audio system component, appliance, marine accessories, wiring product, electrical and plumbing product, fiber reinforced polyester product; cement siding product, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring product, shower door, furniture, fireplace and surround, interior and exterior lighting product, and other products. This segment also offers transportation and logistics service. The company was founded in 1959 and is headquartered in Elkhart, Indiana.
Patrick Industries Dividend Announcement
• Patrick Industries announced a quarterly dividend of $0.60 per ordinary share which will be made payable on 2024-12-09. Ex dividend date: 2024-11-25
• Patrick Industries annual dividend for 2024 was $2.25
• Patrick Industries annual dividend for 2023 was $1.90
• Patrick Industries's trailing twelve-month (TTM) dividend yield is 1.6%
• Patrick Industries's payout ratio for the trailing twelve months (TTM) is 31.65%
Patrick Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-25 | $0.60 | quarterly | 2024-12-09 |
| 2024-08-26 | $0.55 | quarterly | 2024-09-09 |
| 2024-06-03 | $0.55 | quarterly | 2024-06-17 |
| 2024-02-16 | $0.55 | quarterly | 2024-03-04 |
| 2023-11-24 | $0.55 | quarterly | 2023-12-11 |
| 2023-08-25 | $0.45 | quarterly | 2023-09-11 |
| 2023-06-09 | $0.45 | quarterly | 2023-06-26 |
| 2023-02-17 | $0.45 | quarterly | 2023-03-06 |
| 2022-11-25 | $0.45 | quarterly | 2022-12-12 |
| 2022-08-26 | $0.33 | quarterly | 2022-09-12 |
| 2022-05-27 | $0.33 | quarterly | 2022-06-13 |
| 2022-03-04 | $0.33 | quarterly | 2022-03-21 |
| 2021-11-26 | $0.33 | quarterly | 2021-12-13 |
| 2021-08-27 | $0.28 | quarterly | 2021-09-13 |
| 2021-05-28 | $0.28 | quarterly | 2021-06-14 |
| 2021-03-05 | $0.28 | quarterly | 2021-03-22 |
| 2020-11-27 | $0.28 | quarterly | 2020-12-14 |
| 2020-08-28 | $0.25 | quarterly | 2020-09-14 |
| 2020-05-29 | $0.25 | quarterly | 2020-06-15 |
| 2020-03-06 | $0.25 | quarterly | 2020-03-23 |
| 2019-12-13 | $0.25 | quarterly | 2019-12-30 |
| 2003-03-19 | $0.06 | quarterly | 2003-04-04 |
| 2002-12-17 | $0.06 | quarterly | 2003-01-03 |
| 2002-09-11 | $0.06 | quarterly | 2002-10-04 |
| 2002-06-12 | $0.06 | quarterly | 2002-07-05 |
| 2002-03-20 | $0.06 | quarterly | 2002-04-03 |
| 2001-12-19 | $0.06 | quarterly | 2002-01-04 |
| 2001-09-21 | $0.06 | quarterly | 2001-10-03 |
| 2001-06-13 | $0.06 | quarterly | 2001-07-05 |
| 2001-03-14 | $0.06 | quarterly | 2001-04-03 |
| 2000-12-13 | $0.06 | quarterly | 2001-01-03 |
| 2000-09-13 | $0.06 | quarterly | 2000-10-03 |
| 2000-06-08 | $0.06 | quarterly | 2000-07-05 |
| 2000-03-09 | $0.06 | quarterly | 2000-04-02 |
| 1999-12-13 | $0.06 | quarterly | 2000-01-05 |
| 1999-09-15 | $0.06 | quarterly | 1999-10-04 |
| 1999-06-09 | $0.06 | quarterly | 1999-07-02 |
| 1999-03-10 | $0.06 | quarterly | 1999-04-02 |
| 1998-12-10 | $0.06 | quarterly | 1999-01-05 |
| 1998-09-11 | $0.06 | quarterly | 1998-10-02 |
| 1998-06-10 | $0.06 | quarterly | 1998-07-02 |
| 1998-03-11 | $0.06 | quarterly | 1998-04-03 |
Patrick Industries Dividend per year
Patrick Industries Dividend growth
Patrick Industries Dividend Yield
Patrick Industries current trailing twelve-month (TTM) dividend yield is 1.6%. Interested in purchasing Patrick Industries stock? Use our calculator to estimate your expected dividend yield:
Patrick Industries Financial Ratios
P/E ratio19.75
PEG ratio-0.95
P/B ratio2.70
ROE14.28%
Payout ratio31.65%
Current ratio2.41
Quick ratio0.97
Cash Ratio0.14
Patrick Industries Dividend FAQ
How much is the next Patrick Industries dividend?
Patrick Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Patrick Industries dividend. The next Patrick Industries dividend will be released in February, June, August, or November.
When is Patrick Industries dividend paid?
Patrick Industries pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, June, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Patrick Industries pay?
The specific amount of Patrick Industries dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Patrick Industries's dividend history.
Does Patrick Industries stock pay dividends?
Yes, Patrick Industries does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Patrick Industries's dividend history.
How much dividend does Patrick Industries pay?
Patrick Industries paid $2.25 in 2024, $1.9 in 2023, $1.44 in 2022, $1.17 in 2021, and $1.03 in 2020.
How often does Patrick Industries pay dividends?
Patrick Industries typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, June, August, and November.
What is Patrick Industries's dividend yield?
The current dividend yield for Patrick Industries is 1.6%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Patrick Industries's exact dividend yield.
When does Patrick Industries go ex dividend?
Patrick Industries's ex-dividend date for the latest dividend was on 2024-11-25. Patrick Industries typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Patrick Industries dividend paid?
Patrick Industries pays dividends on a quarterly basis, typically around February, June, August, or November, but the exact dates can vary each year.
Will Patrick Industries increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Patrick Industries will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Patrick Industries dividend per share?
Patrick Industries paid $2.25 per share in 2024 and $1.9 per share in 2023. The amount of dividend per share that Patrick Industries pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Patrick Industries a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Patrick Industries a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Patrick Industries a dividend stock?
Yes, Patrick Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Patrick Industries a good dividend stock?
Whether Patrick Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Patrick Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Patrick Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Patrick Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Patrick Industries pay dividends monthly?
Patrick Industries typically pays dividends on a quarterly basis.
Does Patrick Industries pay dividends quarterly?
Patrick Industries currently pays dividends on a quarterly basis.
Has Patrick Industries ever paid a dividend?
Yes, Patrick Industries has a history of paying dividends to its shareholders. Patrick Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Patrick Industries dividend stocks?
To buy Patrick Industries you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Patrick Industries stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Patrick Industries stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Patrick Industries pay dividends 2024?
Patrick Industries pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-09. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Patrick Industries increase its dividend in 2024?
Decisions regarding Patrick Industries dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Patrick Industries dividend overview you can look into the above table of dividend history.
How Patrick Industries dividend works?
The Patrick Industries dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Patrick Industries's dividend process works:
1. Determination of Dividend: Patrick Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Patrick Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Patrick Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Patrick Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Patrick Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Patrick Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Patrick Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Patrick Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Patrick Industries dividends paid?
Patrick Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Patrick Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Patrick Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Patrick Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Patrick Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Patrick Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Patrick Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Patrick Industries pay dividends?
Patrick Industries typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Patrick Industries pay dividends?
The general pattern is that Patrick Industries pays dividends around February, June, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Patrick Industries dividend safe?
The safety of Patrick Industries's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Patrick Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Patrick Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Patrick Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Patrick Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.