Patrick Industries's most recent dividend was on Feb 18, 2025 (ex-date) with a cash dividend payment of $0.4 per share. On an annualized basis, the company has a current payout of $1.53 per share. This brings the dividend yield to 1.7% based on its recent close price.
PATK has a dividend yield of 1.7% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.51%, Patrick Industries's dividend yield is 13% higher. The historical 5-year average of PATK's dividend yield is 1.8%, which is in line with the current one.
Patrick Industries has been paying dividends since 2019. PATK has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 15% for the last year. But since the stock price has gone up by 19% from a year ago, the dividend yield has decreased by 3.2%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Feb 18, 2025 | $0.4 | 1.61% |
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% |
PATK has a payout ratio of 36.1% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 33.9%, Patrick Industries's payout ratio is 6% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
WGO Winnebago Industries Inc | 3.13% | $1.3 | N/A |
THO Thor Industries Inc | 1.98% | $1.96 | 49.6% |
PATK Patrick Industries Inc | 1.7% | $1.53 | 36.1% |
MAS Masco Corp | 1.58% | $1.18 | 31.3% |
Yes, Patrick Industries has been paying dividends for the last six years.
Patrick Industries's last dividend ex-date was on Feb 18, 2025. The dividend amount was $0.4 per share.
PATK's annualized dividend per share is $1.53.
The current dividend yield of Patrick Industries is 1.7%.
Patrick Industries has a quarterly dividend frequency.
The dividend payout ratio of Patrick Industries is 36.1%.
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.