Patrick Industries, Inc. (PATK) Dividends

Patrick Industries, Inc. (PATK)

Today's Latest Price: $60.06 USD

3.97 (7.08%)

Updated Jun 5 4:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 38 in Industrial - Manufacturing

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • PATK has issued more total dividends (as measured in absolute US dollars) over the past six years than just 4.1% of other US stocks currently paying dividends.
  • As for stocks whose price is uncorrelated with PATK's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: MKTX, JFIN, SPTN, WPM and OMI.
PATK Ex-Dividend Date
PATK Dividend Yield
1.67%
PATK Annual Dividend
$1.00
PATK Payout Ratio

PATK Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$60.06$6.89 -87.07%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Patrick Industries Inc, the dividend discount model StockNews created for the company implies a negative return of 87.07%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Patrick Industries Inc are:

  • Compared to other dividend issuers in the small-sized market cap category, PATK has a beta lower than just 1.94% of them.
  • In terms of opportunity, Patrick Industries Inc's estimated return of -87.07% surpasses about 3.82% of dividend issuers we applied the dividend discount model to.
  • In comparison to its fellow dividend issuing stocks in the Basic Materials sector, PATK's equity discount rate is less than 3.15% of those stocks.

PATK Dividend Chart


PATK Dividend History

Ex-Dividend Date Type Payout Amount Change
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PATK Dividends vs. Peers

PATK's dividend yield currently ranks #14 of 38 vs. its peers in the Industrial - Manufacturing category.
Rank Symbol Name Dividend Yield
1 MATW Matthews International Corporation - 3.87%
2 MYE Myers Industries, Inc. 3.50%
3 GLW Corning Incorporated 3.30%
4 HI Hillenbrand Inc 2.97%
5 CIX CompX International Inc. 2.76%
6 TG Tredegar Corporation 2.73%
7 KMT Kennametal Inc. 2.64%
8 TKR Timken Company (The) 2.33%
9 HON Honeywell International Inc. 2.23%
10 TEL TE Connectivity Ltd. New Switzerland Registered Shares 2.11%
11 MWA MUELLER WATER PRODUCTS 2.05%
12 CVR Chicago Rivet & Machine Co. 1.82%
13 OI Owens-Illinois, Inc. 1.81%
14 PATK Patrick Industries, Inc. 1.67%
15 CSL Carlisle Companies Incorporated 1.46%
16 XYL Xylem Inc. New 1.43%
17 MLI Mueller Industries, Inc. 1.40%
18 LNN Lindsay Corporation 1.26%
19 FELE Franklin Electric Co., Inc. 1.08%
20 LFUS Littelfuse, Inc. 1.06%
21 BMI Badger Meter, Inc. 1.03%
22 WTS Watts Water Technologies, Inc. 1.01%
23 RXN Rexnord Corporation 1.00%
24 WMS Advanced Drainage Systems, Inc. 0.74%
25 ORA Ormat Technologies, Inc. 0.62%
26 GE General Electric Company 0.51%
27 EAF GrafTech International Ltd. 0.45%
28 VPG Vishay Precision Group, Inc. 0.00%
29 ASV ASV Holdings, Inc. 0.00%
30 AQUA Evoqua Water Technologies Corp. 0.00%
31 GTX Garrett Motion Inc. 0.00%
32 ASIX AdvanSix Inc. 0.00%
33 TPIC TPI Composites, Inc. 0.00%
34 ST Sensata Technologies Holding plc Ordinary Shares 0.00%
35 CMT Core Molding Technologies Inc 0.00%
36 FLOW SPX FLOW, Inc. 0.00%
37 AEIS Advanced Energy Industries, Inc. 0.00%
38 MEC Mayville Engineering Company, Inc. 0.00%

Looking for More Information on PATK dividends?

Want to see what other sources are saying about Patrick Industries Inc's dividends? Try the links below:

Patrick Industries Inc Common Stock (PATK) Dividend History | Nasdaq
Dividend History for Patrick Industries Inc (PATK) - Dividend Investor
Patrick Industries Inc (PATK) Dividend History - Seeking Alpha


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