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.
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.
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%.
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 |
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.
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% |
Yes, Patrick Industries has been paying dividends for the last four years.
PATK's next dividend is scheduled on Jun 9, 2023 (ex-date).
Patrick Industries's last dividend ex-date was on Feb 17, 2023. The dividend amount was $0.45 per share.
PATK's annualized dividend per share is $1.56.
The current dividend yield of Patrick Industries is 2.29%.
Patrick Industries has a quarterly dividend frequency.
The dividend payout ratio of Patrick Industries is 13.9%.
Patrick Industries's dividend yield is higher than the Industrials sector average.