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Patrick Industries Stock Dividends Overview

PATK pays dividends quarterly. Last paid amount was $0.550 at Mar 04, 2024. As of today, dividend yield (TTM) is 2.26%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 2.26%
Frequency Quarterly
1Y Growth 22.22%
Payout Ratio 0
Amount Per Share $0.550
Patrick Industries has not yet announced its next dividend date. Last payment date was: Mar 04, 2024.

PATK Dividend Payout History

To ensure a understanding of PATK's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 05, 2024 Feb 16, 2024 Mar 04, 2024 $0.550 0.455%
2 Nov 15, 2023 Nov 24, 2023 Dec 11, 2023 $0.550 0.622%
3 Aug 17, 2023 Aug 25, 2023 Sep 11, 2023 $0.450 0.584%
4 May 25, 2023 Jun 09, 2023 Jun 26, 2023 $0.450 0.598%
5 Feb 06, 2023 Feb 17, 2023 Mar 06, 2023 $0.450 0.616%
6 Nov 10, 2022 Nov 25, 2022 Dec 12, 2022 $0.450 0.776%
7 Aug 12, 2022 Aug 26, 2022 Sep 12, 2022 $0.330 0.629%
8 May 13, 2022 May 27, 2022 Jun 13, 2022 $0.330 0.597%
9 Feb 23, 2022 Mar 04, 2022 Mar 21, 2022 $0.330 0.488%
10 Nov 12, 2021 Nov 26, 2021 Dec 13, 2021 $0.330 0.441%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (86.77%)

Growth potential

Stable (7.00%)

PATK Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from PATK dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in PATK stock here.

Comparing PATK to Sector and Country

PATK pays a solid dividend yield of 2.26%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.630%). PATK’s dividend yield is lower than the average of the top 25% of dividend payers in the Consumer Cyclical sector in the US market (6.64%), which means that there are more attractive dividend stocks to consider.

PATK Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
Star Bulk Carriers 2.816B $0.450 7.22% 91.07%
Grupo Aeroportuario del Centro Norte S.A.B. de C.V. 4.268B $0.480 3.00% 46.48%
Patrick Industries 2.47B $0.550 2.26% 21.23%
Helios Technologies, Inc. 1.538B $0.0900 0.726% 31.38%
ArcBest Corporation 2.648B $0.120 0.438% 7.12%
CSW Industrials 3.757B $0.210 0.383% 11.85%
Hub Group 2.648B $0.130 0.303% 5.74%
SkyWest 3.019B $0.140 0% -

FAQ

What factors can affect the amount of PATK's dividend payments?
The amount of PATK's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in PATK sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from PATK stock be automatically reinvested?
If PATK offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy PATK stock.

How often does PATK pay dividend?
Patrick Industries (PATK) pays dividends quarterly. The most recent payout was on Mar 04, 2024.

How much does PATK pays per share?
The last recorder (Feb 16, 2024) dividend per share was $0.550.

What is PATK dividend growth rate?
Over the last year, Patrick Industries has witnessed growth rate of 22.22% . Looking back over the past 3 years, this growth rate has been 25.24%. Furthermore, examining the past 5 years, Patrick Industries has maintained an average Dividends Per Share Growth Rate of 17.08%.
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About Patrick Industries

Patrick Industries 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... PATK Profile

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