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PATK Patrick Industries dividend history, payout ratio & dates

Patrick Industries's most recent quarterly dividend was on Feb 17, 2023 (ex-date) with a cash dividend payment of $0.45 per share. On an annualized basis, the company has a current payout of $1.56 per share. This brings the dividend yield to 2.29% based on its recent close price.

Key dates

  • PATK last dividend date: Feb 17, 2023
  • PATK next dividend date: Jun 9, 2023
PATK dividend stats
DPS
$1.56
Dividend yield
2.26%
Payout ratio
13.9%
vs. Industrials sector
Dividend yield
1.55%
Payout ratio
27.9%

Dividend yield

What is Patrick Industries current dividend yield

PATK has a dividend yield of 2.29% which is higher than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 1.55%, Patrick Industries's dividend yield is 48% higher.

Dividend history

What is PATK dividend payout history and dates

Patrick Industries has been paying dividends since 2019. PATK has issued three quarterly dividends in the last twelve months. The annualized DPS marks an increase of 23% for the last year. And since the stock price has gone up by 14% from a year ago, the dividend yield marks an increase of 7%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 17, 2023 Mar 6, 2023 Feb 6, 2023 $0.45 normal
Nov 25, 2022 Dec 12, 2022 Nov 11, 2022 $0.45 normal
Aug 26, 2022 Sep 12, 2022 Aug 10, 2022 $0.33 normal
May 27, 2022 Jun 13, 2022 May 13, 2022 $0.33 normal
Mar 4, 2022 Mar 21, 2022 Feb 22, 2022 $0.33 normal
Nov 26, 2021 Dec 13, 2021 Nov 11, 2021 $0.33 normal
Aug 27, 2021 Sep 13, 2021 Aug 13, 2021 $0.28 normal
May 28, 2021 Jun 14, 2021 May 13, 2021 $0.28 normal
Mar 5, 2021 Mar 22, 2021 Feb 24, 2021 $0.28 normal
Nov 27, 2020 Dec 14, 2020 Nov 20, 2020 $0.28 normal
Aug 28, 2020 Sep 14, 2020 Aug 17, 2020 $0.25 normal
May 29, 2020 Jun 15, 2020 May 14, 2020 $0.25 normal
Mar 6, 2020 Mar 23, 2020 Feb 25, 2020 $0.25 normal
Dec 13, 2019 Dec 30, 2019 Dec 2, 2019 $0.25 normal

Patrick Industries dividend payout ratio

What is Patrick Industries dividend payout ratio compared to the sector

Payout ratio

PATK has a payout ratio of 13.9% which is lower than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 27.9%, Patrick Industries's payout ratio is 50% lower.

Total amount of dividends paid per financial year (from cash flow)

PATK dividend vs peer dividends

How does PATK dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MAS Masco Corp 2.27% $1.13 31.6%
PATK Patrick Industries Inc 2.26% $1.56 13.9%
THO Thor Industries Inc 2.23% $1.78 12.2%
FBHS Fortune Brands Home & Security Inc 1.81% $1.12 19.6%
WGO Winnebago Industries Inc 1.72% $0.99 9.9%

Frequently asked questions

Does Patrick Industries pay a dividend?

Yes, Patrick Industries has been paying dividends for the last four years.

When is Patrick Industries's next dividend?

PATK's next dividend is scheduled on Jun 9, 2023 (ex-date).

When was PATK's last dividend?

Patrick Industries's last dividend ex-date was on Feb 17, 2023. The dividend amount was $0.45 per share.

How much dividend does Patrick Industries pay (per share)?

PATK's annualized dividend per share is $1.56.

What is Patrick Industries's dividend yield?

The current dividend yield of Patrick Industries is 2.29%.

How often does Patrick Industries pay dividends?

Patrick Industries has a quarterly dividend frequency.

What is Patrick Industries's dividend payout ratio?

The dividend payout ratio of Patrick Industries is 13.9%.

Does Patrick Industries pay a good dividend?

Patrick Industries's dividend yield is higher than the Industrials sector average.