Patrick Industries, Inc.

Patrick Industries, Inc.

PATKยทNASDAQ

$90.65

+0.48%
Consumer CyclicalFurnishings, Fixtures & Appliances

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, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum product; fiberglass and plastic components; RV painting; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinet; polymer-based flooring product; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile moulding; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat covers, tower, top, and frame; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite part, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panel, drywall and finishing product, electronic, audio system component, appliance, marine accessories, wiring product, electrical and plumbing product, fiber reinforced polyester product; cement siding product, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring product, shower door, furniture, fireplace and surround, interior and exterior lighting product, and other products. This segment also offers transportation and logistics service. The company was founded in 1959 and is headquartered in Elkhart, Indiana.

At a Glance

Live Snapshot
Market Cap$2.98B
EPS4.1600
P/E Ratio21.79
Earnings Date07/30/2026
0.44%
Dividend Yield
2%
3Y-59.0%
5Y-16.0%
10Y-
38.68%
Dividend Payout Ratio
-26%
3Y+8.0%
5Y+180.0%
10Y-
3Y-100.0%
5Y-100.0%
10Y-
Patrick Industries, Inc.

Patrick Industries, Inc. Dividend History

PATK ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

PATK Dividend Payment History

PATK ยท NASDAQ

Total Payments

50

Latest Dividend

$0.4700

Annual Amount

$2.2100

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 14, 2026
May 26, 2026Jun 8, 2026
$0.4700
$0.4700
Quarterly0.00%
Feb 2, 2026
Feb 23, 2026Mar 9, 2026
$0.4700
$0.4700
Quarterly0.00%
Nov 19, 2025
Dec 1, 2025Dec 15, 2025
$0.4700
$0.4700
Quarterly+17.50%
Aug 14, 2025
Aug 25, 2025Sep 8, 2025
$0.4000
$0.4000
Quarterly0.00%
May 15, 2025
May 27, 2025Jun 9, 2025
$0.4000
$0.4000
Quarterly0.00%
Feb 3, 2025
Feb 18, 2025Mar 3, 2025
$0.4000
$0.4000
Quarterly0.00%
Nov 14, 2024
Nov 25, 2024Dec 9, 2024
$0.6000
$0.4000
Quarterly+8.99%
Aug 15, 2024
Aug 26, 2024Sep 9, 2024
$0.5500
$0.3670
Quarterly0.00%
May 16, 2024
Jun 3, 2024Jun 17, 2024
$0.5500
$0.3670
Quarterly0.00%
Feb 5, 2024
Feb 20, 2024Mar 4, 2024
$0.5500
$0.3670
Quarterly0.00%
Nov 15, 2023
Nov 27, 2023Dec 11, 2023
$0.5500
$0.3670
Quarterly+22.33%
Aug 17, 2023
Aug 28, 2023Sep 11, 2023
$0.4500
$0.3000
Quarterly0.00%
May 25, 2023
Jun 12, 2023Jun 26, 2023
$0.4500
$0.3000
Quarterly0.00%
Feb 6, 2023
Feb 21, 2023Mar 6, 2023
$0.4500
$0.3000
Quarterly0.00%
Nov 11, 2022
Nov 28, 2022Dec 12, 2022
$0.4500
$0.3000
Quarterly+36.36%
Aug 10, 2022
Aug 29, 2022Sep 12, 2022
$0.3300
$0.2200
Quarterly0.00%
May 13, 2022
May 31, 2022Jun 13, 2022
$0.3300
$0.2200
Quarterly0.00%
Feb 22, 2022
Mar 7, 2022Mar 21, 2022
$0.3300
$0.2200
Quarterly0.00%
Nov 11, 2021
Nov 29, 2021Dec 13, 2021
$0.3300
$0.2200
Quarterly+17.65%
Aug 13, 2021
Aug 30, 2021Sep 13, 2021
$0.2800
$0.1870
Quarterly0.00%
May 13, 2021
Jun 1, 2021Jun 14, 2021
$0.2800
$0.1870
Quarterly0.00%
Feb 24, 2021
Mar 8, 2021Mar 22, 2021
$0.2800
$0.1870
Quarterly0.00%
Nov 20, 2020
Nov 30, 2020Dec 14, 2020
$0.2800
$0.1870
Quarterly+11.98%
Aug 17, 2020
Aug 31, 2020Sep 14, 2020
$0.2500
$0.1670
Quarterly0.00%
May 14, 2020
Jun 1, 2020Jun 15, 2020
$0.2500
$0.1670
Quarterly0.00%
Feb 25, 2020
Mar 9, 2020Mar 23, 2020
$0.2500
$0.1670
Quarterly0.00%
Dec 2, 2019
Dec 16, 2019Dec 30, 2019
$0.2500
$0.1670
Quarterly+1291.67%
N/A
Mar 21, 2003Apr 4, 2003
$0.0400
$0.0120
Quarterly0.00%
N/A
Dec 13, 2002Jan 3, 2003
$0.0400
$0.0120
Quarterly0.00%
N/A
Sep 13, 2002Oct 4, 2002
$0.0400
$0.0120
Quarterly0.00%
N/A
Jun 14, 2002Jul 5, 2002
$0.0400
$0.0120
Quarterly0.00%
N/A
Mar 22, 2002Apr 3, 2002
$0.0400
$0.0120
Quarterly0.00%
N/A
Dec 21, 2001Jan 4, 2002
$0.0400
$0.0120
Quarterly0.00%
N/A
Sep 21, 2001Oct 3, 2001
$0.0400
$0.0120
Quarterly0.00%
N/A
Jun 15, 2001Jul 5, 2001
$0.0400
$0.0120
Quarterly0.00%
N/A
Mar 16, 2001Apr 3, 2001
$0.0400
$0.0120
Quarterly0.00%
N/A
Dec 15, 2000Jan 3, 2001
$0.0400
$0.0120
Quarterly0.00%
N/A
Sep 15, 2000Oct 3, 2000
$0.0400
$0.0120
Quarterly0.00%
N/A
Jun 12, 2000Jul 5, 2000
$0.0400
$0.0120
Quarterly0.00%
N/A
Mar 13, 2000Apr 2, 2000
$0.0400
$0.0120
Quarterly0.00%
N/A
Dec 15, 1999Jan 5, 2000
$0.0400
$0.0120
Quarterly0.00%
N/A
Sep 17, 1999Oct 4, 1999
$0.0400
$0.0120
Quarterly0.00%
N/A
Jun 11, 1999Jul 2, 1999
$0.0400
$0.0120
Quarterly0.00%
N/A
Mar 12, 1999Apr 2, 1999
$0.0400
$0.0120
Quarterly0.00%
N/A
Dec 14, 1998Jan 5, 1999
$0.0400
$0.0120
Quarterly0.00%
N/A
Sep 15, 1998Oct 2, 1998
$0.0400
$0.0120
Quarterly0.00%
N/A
Jun 12, 1998Jul 2, 1998
$0.0400
$0.0120
Quarterly0.00%
N/A
Mar 13, 1998Apr 3, 1998
$0.0400
$0.0120
Quarterly0.00%
N/A
Sep 15, 1997Oct 3, 1997
$0.0400
$0.0120
Quarterly0.00%
N/A
Jun 13, 1997Jul 3, 1997
$0.0400
$0.0120
Quarterly-
patk

Patrick Industries, Inc. Payout Ratio Analysis

PATK ยท NASDAQ
Dividends Paid
-55.27M
2025
Net Income
135.06M
2025
Payout Ratio
40.93%
2025

Dividend Sustainability Analysis

Payout Ratio
40.93%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
22.4%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-10.1%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.