Patrick Industries, Inc.

NasdaqGS:PATK Stock Report

Market Cap: US$2.6b

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 yield2.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$6.38
Dividend yield forecast in 3Y1.6%

Recent dividend updates

Patrick Industries (NASDAQ:PATK) Is Due To Pay A Dividend Of $0.55

Feb 11
Patrick Industries (NASDAQ:PATK) Is Due To Pay A Dividend Of $0.55

Patrick Industries (NASDAQ:PATK) Is Increasing Its Dividend To $0.55

Nov 19
Patrick Industries (NASDAQ:PATK) Is Increasing Its Dividend To $0.55

Recent updates

Patrick Industries: Expectations Run A Bit Hot After Its Biggest M&A Deal

Mar 12

Are Investors Undervaluing Patrick Industries, Inc. (NASDAQ:PATK) By 32%?

Feb 26
Are Investors Undervaluing Patrick Industries, Inc. (NASDAQ:PATK) By 32%?

Patrick Industries (NASDAQ:PATK) Is Due To Pay A Dividend Of $0.55

Feb 11
Patrick Industries (NASDAQ:PATK) Is Due To Pay A Dividend Of $0.55

Patrick Industries, Inc. (NASDAQ:PATK) Might Not Be As Mispriced As It Looks

Jan 23
Patrick Industries, Inc. (NASDAQ:PATK) Might Not Be As Mispriced As It Looks

Is Now The Time To Look At Buying Patrick Industries, Inc. (NASDAQ:PATK)?

Jan 04
Is Now The Time To Look At Buying Patrick Industries, Inc. (NASDAQ:PATK)?

Patrick Industries (NASDAQ:PATK) Will Want To Turn Around Its Return Trends

Dec 19
Patrick Industries (NASDAQ:PATK) Will Want To Turn Around Its Return Trends

We Think Patrick Industries (NASDAQ:PATK) Is Taking Some Risk With Its Debt

Dec 06
We Think Patrick Industries (NASDAQ:PATK) Is Taking Some Risk With Its Debt

Patrick Industries (NASDAQ:PATK) Is Increasing Its Dividend To $0.55

Nov 19
Patrick Industries (NASDAQ:PATK) Is Increasing Its Dividend To $0.55

What Does Patrick Industries, Inc.'s (NASDAQ:PATK) Share Price Indicate?

Sep 25
What Does Patrick Industries, Inc.'s (NASDAQ:PATK) Share Price Indicate?

Capital Allocation Trends At Patrick Industries (NASDAQ:PATK) Aren't Ideal

Aug 16
Capital Allocation Trends At Patrick Industries (NASDAQ:PATK) Aren't Ideal

These 4 Measures Indicate That Patrick Industries (NASDAQ:PATK) Is Using Debt Extensively

Jul 29
These 4 Measures Indicate That Patrick Industries (NASDAQ:PATK) Is Using Debt Extensively

Is Patrick Industries, Inc. (NASDAQ:PATK) Potentially Undervalued?

Jun 11
Is Patrick Industries, Inc. (NASDAQ:PATK) Potentially Undervalued?

Patrick Industries (NASDAQ:PATK) Has Some Way To Go To Become A Multi-Bagger

May 18
Patrick Industries (NASDAQ:PATK) Has Some Way To Go To Become A Multi-Bagger

Patrick Industries, Inc. (NASDAQ:PATK) Shares Could Be 22% Below Their Intrinsic Value Estimate

Apr 27
Patrick Industries, Inc. (NASDAQ:PATK) Shares Could Be 22% Below Their Intrinsic Value Estimate

At US$71.26, Is Patrick Industries, Inc. (NASDAQ:PATK) Worth Looking At Closely?

Mar 10
At US$71.26, Is Patrick Industries, Inc. (NASDAQ:PATK) Worth Looking At Closely?

Is Patrick Industries (NASDAQ:PATK) A Risky Investment?

Feb 22
Is Patrick Industries (NASDAQ:PATK) A Risky Investment?

Is There An Opportunity With Patrick Industries, Inc.'s (NASDAQ:PATK) 32% Undervaluation?

Jan 25
Is There An Opportunity With Patrick Industries, Inc.'s (NASDAQ:PATK) 32% Undervaluation?

Patrick Industries (NASDAQ:PATK) Might Become A Compounding Machine

Jan 09
Patrick Industries (NASDAQ:PATK) Might Become A Compounding Machine

Is Now An Opportune Moment To Examine Patrick Industries, Inc. (NASDAQ:PATK)?

Dec 04
Is Now An Opportune Moment To Examine Patrick Industries, Inc. (NASDAQ:PATK)?

Is Patrick Industries (NASDAQ:PATK) A Risky Investment?

Nov 11
Is Patrick Industries (NASDAQ:PATK) A Risky Investment?

If EPS Growth Is Important To You, Patrick Industries (NASDAQ:PATK) Presents An Opportunity

Oct 05
If EPS Growth Is Important To You, Patrick Industries (NASDAQ:PATK) Presents An Opportunity

Capital Investments At Patrick Industries (NASDAQ:PATK) Point To A Promising Future

Sep 20
Capital Investments At Patrick Industries (NASDAQ:PATK) Point To A Promising Future

Why Patrick Industries, Inc. (NASDAQ:PATK) Could Be Worth Watching

Sep 05
Why Patrick Industries, Inc. (NASDAQ:PATK) Could Be Worth Watching

Patrick Industries expands credit facility to $925M

Aug 15

Is Patrick Industries (NASDAQ:PATK) Using Too Much Debt?

Aug 05
Is Patrick Industries (NASDAQ:PATK) Using Too Much Debt?

Patrick Q2 2022 Earnings Preview

Jul 27

Is Now The Time To Put Patrick Industries (NASDAQ:PATK) On Your Watchlist?

Jun 20
Is Now The Time To Put Patrick Industries (NASDAQ:PATK) On Your Watchlist?

Patrick Industries (NASDAQ:PATK) Has More To Do To Multiply In Value Going Forward

Jun 07
Patrick Industries (NASDAQ:PATK) Has More To Do To Multiply In Value Going Forward

Is It Too Late To Consider Buying Patrick Industries, Inc. (NASDAQ:PATK)?

May 22
Is It Too Late To Consider Buying Patrick Industries, Inc. (NASDAQ:PATK)?

Sell Patrick Industries

May 09

Stability 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
How does PATK dividend yield compare to the market?
SegmentDividend 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.


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