Patrick Industries Dividends and Buybacks
Dividend criteria checks 3/6
Patrick Industries is a dividend paying company with a current yield of 1.7% that is well covered by earnings.
Key information
1.7%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$2.200 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Patrick Industries (NASDAQ:PATK) Is Due To Pay A Dividend Of $0.55
Feb 11
Patrick Industries (NASDAQ:PATK) Is Increasing Its Dividend To $0.55
Nov 19Recent updates
Earnings Update: Patrick Industries, Inc. (NASDAQ:PATK) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
Nov 03Should You Investigate Patrick Industries, Inc. (NASDAQ:PATK) At US$146?
Oct 18Patrick Industries, Inc. (NASDAQ:PATK) Investors Are Less Pessimistic Than Expected
Oct 03Patrick Industries (NASDAQ:PATK) Takes On Some Risk With Its Use Of Debt
Sep 09Patrick Industries: With Key Markets Stabilizing, Shares Deserve More Upside
Jul 29Why Patrick Industries, Inc. (NASDAQ:PATK) Could Be Worth Watching
Jul 12Some May Be Optimistic About Patrick Industries' (NASDAQ:PATK) Earnings
May 22Patrick Industries, Inc.'s (NASDAQ:PATK) CEO Compensation Looks Acceptable To Us And Here's Why
May 10Patrick Industries: An Acquisitions Masterclass For Long-Term Growth
May 04Market Still Lacking Some Conviction On Patrick Industries, Inc. (NASDAQ:PATK)
Apr 24Patrick Industries: Expectations Run A Bit Hot After Its Biggest M&A Deal
Mar 12Are Investors Undervaluing Patrick Industries, Inc. (NASDAQ:PATK) By 32%?
Feb 26Patrick Industries (NASDAQ:PATK) Is Due To Pay A Dividend Of $0.55
Feb 11Patrick Industries, Inc. (NASDAQ:PATK) Might Not Be As Mispriced As It Looks
Jan 23Is Now The Time To Look At Buying Patrick Industries, Inc. (NASDAQ:PATK)?
Jan 04Patrick Industries (NASDAQ:PATK) Will Want To Turn Around Its Return Trends
Dec 19We Think Patrick Industries (NASDAQ:PATK) Is Taking Some Risk With Its Debt
Dec 06Patrick Industries (NASDAQ:PATK) Is Increasing Its Dividend To $0.55
Nov 19What Does Patrick Industries, Inc.'s (NASDAQ:PATK) Share Price Indicate?
Sep 25Capital Allocation Trends At Patrick Industries (NASDAQ:PATK) Aren't Ideal
Aug 16These 4 Measures Indicate That Patrick Industries (NASDAQ:PATK) Is Using Debt Extensively
Jul 29Is Patrick Industries, Inc. (NASDAQ:PATK) Potentially Undervalued?
Jun 11Patrick Industries (NASDAQ:PATK) Has Some Way To Go To Become A Multi-Bagger
May 18Patrick Industries, Inc. (NASDAQ:PATK) Shares Could Be 22% Below Their Intrinsic Value Estimate
Apr 27At US$71.26, Is Patrick Industries, Inc. (NASDAQ:PATK) Worth Looking At Closely?
Mar 10Is Patrick Industries (NASDAQ:PATK) A Risky Investment?
Feb 22Is There An Opportunity With Patrick Industries, Inc.'s (NASDAQ:PATK) 32% Undervaluation?
Jan 25Patrick Industries (NASDAQ:PATK) Might Become A Compounding Machine
Jan 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PATK has been paying a dividend for less than 10 years.
Growing Dividend: PATK's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Patrick Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PATK) | 1.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Auto Components) | 2.3% |
| Analyst forecast (PATK) (up to 3 years) | 2.0% |
Notable Dividend: PATK's dividend (1.7%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: PATK's dividend (1.7%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.8%), PATK's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18%), PATK's dividend payments are well covered by cash flows.