Patrick Industries Dividend
Dividend criteria checks 3/6
Patrick Industries is a dividend paying company with a current yield of 1.87% that is well covered by earnings.
Key information
1.9%
Dividend yield
29%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$6.38 |
Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Patrick Industries (NASDAQ:PATK) Is Due To Pay A Dividend Of $0.55
Feb 11Patrick Industries (NASDAQ:PATK) Is Increasing Its Dividend To $0.55
Nov 19Recent updates
Patrick 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 09Is Now An Opportune Moment To Examine Patrick Industries, Inc. (NASDAQ:PATK)?
Dec 04Is Patrick Industries (NASDAQ:PATK) A Risky Investment?
Nov 11If EPS Growth Is Important To You, Patrick Industries (NASDAQ:PATK) Presents An Opportunity
Oct 05Capital Investments At Patrick Industries (NASDAQ:PATK) Point To A Promising Future
Sep 20Why Patrick Industries, Inc. (NASDAQ:PATK) Could Be Worth Watching
Sep 05Patrick Industries expands credit facility to $925M
Aug 15Is Patrick Industries (NASDAQ:PATK) Using Too Much Debt?
Aug 05Patrick Q2 2022 Earnings Preview
Jul 27Is Now The Time To Put Patrick Industries (NASDAQ:PATK) On Your Watchlist?
Jun 20Patrick Industries (NASDAQ:PATK) Has More To Do To Multiply In Value Going Forward
Jun 07Is It Too Late To Consider Buying Patrick Industries, Inc. (NASDAQ:PATK)?
May 22Sell Patrick Industries
May 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 4 years.
Dividend Yield vs Market
Patrick Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (PATK) | 1.9% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.6% |
Industry Average (Auto Components) | 2.0% |
Analyst forecast in 3 Years (PATK) | 1.6% |
Notable Dividend: PATK's dividend (1.87%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: PATK's dividend (1.87%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.6%), PATK's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.2%), PATK's dividend payments are thoroughly covered by cash flows.