PATK Patrick Industries dividend history, payout ratio & dates
Patrick Industries's most recent dividend was on Nov 25, 2024 (ex-date) with a cash dividend payment of $0.4 per share. On an annualized basis, the company has a current payout of $1.5 per share. This brings the dividend yield to 1.81% based on its recent close price. The latest dividend marks an increase of $0.03, or 9% from the previous payment.
Key dates
- PATK last dividend date: Nov 25, 2024
PATK dividend stats
vs. Industrials sector
Dividend yield
PATK has a dividend yield of 1.81% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.46%, Patrick Industries's dividend yield is 24% higher. The historical 5-year average of PATK's dividend yield is 1.8%, which is in line with the current one.
Dividend history
Patrick Industries has been paying dividends since 2019. PATK has issued four dividends in the last twelve months. The annualized DPS marks an increase of 18% for the last year. But since the stock price has gone up by 26% from a year ago, the dividend yield has decreased by 6%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 25, 2024 | $0.4 | 1.6% |
| Aug 26, 2024 | $0.367 | 1.67% |
| Jun 3, 2024 | $0.367 | 1.85% |
| Feb 16, 2024 | $0.367 | 1.8% |
| Nov 24, 2023 | $0.367 | 2.24% |
| Aug 25, 2023 | $0.3 | 2.25% |
| Jun 9, 2023 | $0.3 | 2.17% |
| Feb 17, 2023 | $0.3 | 2.11% |
| Nov 25, 2022 | $0.3 | 2.61% |
| Aug 26, 2022 | $0.22 | 2.33% |
| May 27, 2022 | $0.22 | 2.16% |
| Mar 4, 2022 | $0.22 | 1.75% |
| Nov 26, 2021 | $0.22 | 1.48% |
| Aug 27, 2021 | $0.187 | 1.3% |
| May 28, 2021 | $0.187 | 1.27% |
| Mar 5, 2021 | $0.187 | 1.26% |
| Nov 27, 2020 | $0.187 | 1.6% |
| Aug 28, 2020 | $0.167 | 1.68% |
| May 29, 2020 | $0.167 | 1.45% |
| Mar 6, 2020 | $0.167 | 1.05% |
| Dec 13, 2019 | $0.167 | 0.49% |
Patrick Industries dividend payout ratio
Payout ratio
PATK has a payout ratio of 31.5% which is higher than the industry average but lower than the Industrials sector average. But in comparison with the Industrials sector average of 33.1%, Patrick Industries's payout ratio is only 4.8% lower.
Total amount of dividends paid per financial year (from cash flow)
PATK dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WGO Winnebago Industries Inc | 2.54% | $1.27 | 288.6% |
| THO Thor Industries Inc | 1.99% | $1.94 | 49.1% |
| PATK Patrick Industries Inc | 1.81% | $1.5 | 31.5% |
| MAS Masco Corp | 1.56% | $1.16 | 30.9% |
Frequently asked questions
Does Patrick Industries pay a dividend?
Yes, Patrick Industries has been paying dividends for the last five years.
When was PATK's last dividend?
Patrick Industries's last dividend ex-date was on Nov 25, 2024. The dividend amount was $0.4 per share.
How much dividend does Patrick Industries pay (per share)?
PATK's annualized dividend per share is $1.5.
What is Patrick Industries's dividend yield?
The current dividend yield of Patrick Industries is 1.81%.
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 31.5%.
Does Patrick Industries pay a good dividend?
Patrick Industries's dividend yield is higher than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.