Patrick Industries, Inc. (NASDAQ:PATK) Declares $0.47 Quarterly Dividend

Posted by Stanley Muller on Aug 14th, 2026

Patrick Industries, Inc. (NASDAQ:PATK – Get Free Report) declared a quarterly dividend on Thursday, August 13th. Shareholders of record on Monday, August 24th will be paid a dividend of 0.47 per share by the construction company on Tuesday, September 8th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date is Monday, August 24th.

Patrick Industries has increased its dividend by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 6 years. Patrick Industries has a dividend payout ratio of 34.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Patrick Industries to earn $5.26 per share next year, which means the company should continue to be able to cover its $1.88 annual dividend with an expected future payout ratio of 35.7%.

Patrick Industries Stock Performance

PATK traded down $0.40 during trading on Friday, hitting $86.06. 570,626 shares of the stock were exchanged, compared to its average volume of 505,203. The company has a quick ratio of 0.96, a current ratio of 2.67 and a debt-to-equity ratio of 1.25. The firm has a market capitalization of $2.76 billion, a P/E ratio of 20.39 and a beta of 1.11. Patrick Industries has a 1-year low of $81.29 and a 1-year high of $148.50. The stock has a fifty day moving average price of $86.48 and a two-hundred day moving average price of $103.17.

Patrick Industries (NASDAQ:PATK – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The construction company reported $1.29 EPS for the quarter, topping the consensus estimate of $1.24 by $0.05. Patrick Industries had a return on equity of 12.69% and a net margin of 3.74%.The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $994.95 million. During the same quarter in the prior year, the business earned $1.50 earnings per share. The company’s quarterly revenue was down .6% compared to the same quarter last year. As a group, sell-side analysts predict that Patrick Industries will post 4.26 earnings per share for the current year.

Patrick Industries Company Profile

(Get Free Report)

Patrick Industries, Inc is a leading manufacturer and distributor of component products and building materials for the recreational vehicle (RV), manufactured housing, marine and industrial markets. The company supplies a broad array of interior and exterior products, including cabinetry, countertops, flooring, wall panels and decorative trim. Patrick Industries also offers engineered composites, adhesives, sealants and insulation solutions that cater to both original equipment manufacturers (OEMs) and aftermarket customers across North America.

Founded in 1959 and headquartered in Elkhart, Indiana, Patrick Industries began as a small distributor of hardwood and millwork products.