Patrick Industries, Inc. (PATK) Dividends
Dividend Yield and Dividend History Highlights
PATK Price Forecast Based on Dividend Discount Model
|Current Price||DDM Fair Value Target:||Forecasted Gain:|
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|
|Loading, please wait...|
PATK Dividends vs. Peers
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