Patrick Industries, Inc. (PATK) Dividends

Patrick Industries, Inc. (PATK): $92.63

1.55 (+1.70%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • Over the past six years, PATK has issued more dividends than merely 14.54% of other dividend-issuing US stocks.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with PATK's price: MLAB, AEP, SFL, IDRA and AEE.
PATK Ex-Dividend Date
PATK Dividend Yield
1.21%
PATK Annual Dividend
$1.12
PATK Payout Ratio

PATK Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$92.63$14.11 -79.2%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Patrick Industries Inc, the DDM model, as implemented by StockNews, implies a negative return of 79.2% relative to its current price. To help understand and contextualize the model's evaluation of PATK, investors may wish to consider are:

  • Beta tells us how volatile a stock's price is relative to the broader equity index; for Patrick Industries Inc, its beta is lower than 5.66% of dividend issuing stocks we observed.
  • PATK's market cap of approximately $2 billion makes it a small-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 8.29% of them.

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 #18 of 52 vs. its peers in the Industrial - Manufacturing category.
Rank Symbol Name Dividend Yield
1 CRWS Crown Crafts, Inc. 4.14%
2 CVR Chicago Rivet & Machine Co. 3.32%
3 CIX CompX International Inc. 3.32%
4 TG Tredegar Corporation 3.14%
5 KPELY Keppel Corporation Limited 2.73%
6 MYE Myers Industries, Inc. 2.55%
7 HIHO Highway Holdings Limited 2.52%
8 ITOCY ITOCHU Corporation 2.23%
9 GLW Corning Incorporated 2.21%
10 MATW Matthews International Corporation - 2.09%
11 KMT Kennametal Inc. 1.94%
12 HI Hillenbrand Inc 1.88%
13 SIEGY Siemens AG 1.82%
14 HON Honeywell International Inc. 1.66%
15 MWA MUELLER WATER PRODUCTS 1.51%
16 TEL TE Connectivity Ltd. New Switzerland Registered Shares 1.46%
17 TKR Timken Company (The) 1.31%
18 PATK Patrick Industries, Inc. 1.23%
19 KUBTY Kubota Corporation 1.21%
20 MLI Mueller Industries, Inc. 1.12%
21 CSL Carlisle Companies Incorporated 1.09%
22 XYL Xylem Inc. New 0.97%
23 FELE Franklin Electric Co., Inc. 0.81%
24 BMI Badger Meter, Inc. 0.78%
25 LNN Lindsay Corporation 0.78%
26 LFUS Littelfuse, Inc. 0.76%
27 ORA Ormat Technologies, Inc. 0.74%
28 RXN Rexnord Corporation 0.72%
29 WTS Watts Water Technologies, Inc. 0.66%
30 FLOW SPX FLOW, Inc. 0.52%
31 WMS Advanced Drainage Systems, Inc. 0.33%
32 EAF GrafTech International Ltd. 0.31%
33 GE General Electric Co. 0.31%
34 DRTT DIRTT Environmental Solutions Ltd. 0.00%
35 VPG Vishay Precision Group, Inc. 0.00%
36 ASV ASV Holdings, Inc. 0.00%
37 AQUA Evoqua Water Technologies Corp. 0.00%
38 GTX Garrett Motion Inc. 0.00%
39 ASIX AdvanSix Inc. 0.00%
40 IEC IEC Electronics Corp. 0.00%
41 TPIC TPI Composites, Inc. 0.00%
42 FRRVY Ferrovial, S.A. 0.00%
43 ATASY Atlantia SpA 0.00%
44 OI Owens-Illinois, Inc. 0.00%
45 ST Sensata Technologies Holding plc Ordinary Shares 0.00%
46 CMT Core Molding Technologies Inc 0.00%
47 MEC Mayville Engineering Company, Inc. 0.00%
48 CCDBF CCL Industries Inc. 0.00%
49 JEHLY Johnson Electric Holdings Limited 0.00%
50 ZEST Ecoark Holdings, Inc. 0.00%
51 LLESY Lendlease Group 0.00%
52 BOUYY Bouygues SA 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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