Patrick Industries, Inc. (PATK) Dividends

Patrick Industries, Inc. (PATK): $113.13

0.14 (+0.12%)

POWR Rating

Component Grades

Momentum

D

Stability

C

Sentiment

Quality

B

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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
1.98%
PATK Annual Dividend
$2.20
PATK Payout Ratio

PATK Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$113.13$25.54 -59.07%

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. In the case of PATK, the dividend discount model StockNews created for the company implies a negative return of 59.07%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Patrick Industries Inc are:

  • Regarding its relative worth based on the dividend discount model, PATK's provides a return of -59.07% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 25.74% of all stocks we measured with our dividend discount model.
  • A stock's beta generally indicates its volatility relative to the broader equity market; as for PATK, approximately just 16.46% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.


PATK Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-02-16Dividend$0.55--
2023-11-24Dividend$0.55+22.22%
2023-08-25Dividend$0.45--
2023-06-09Dividend$0.45--
2023-02-17Dividend$0.45--
2022-11-25Dividend$0.45+36.36%
2022-08-26Dividend$0.33--
2022-05-27Dividend$0.33--
2022-03-04Dividend$0.33--
2021-11-26Dividend$0.33+17.86%
2021-08-27Dividend$0.28--
2021-05-28Dividend$0.28--
2021-03-05Dividend$0.28--
2020-11-27Dividend$0.28+12.00%
2020-08-28Dividend$0.25--
2020-05-29Dividend$0.25--
2020-03-06Dividend$0.25--
2019-12-13Dividend$0.25+1,775.00%
2017-12-11Split3-2-for-1 Stock SplitN/A%
2015-06-01Split3-2-for-1 Stock SplitN/A
2003-03-19Dividend$0.04--
2002-12-17Dividend$0.04--
2002-09-11Dividend$0.04--
2002-06-12Dividend$0.04--
2002-03-20Dividend$0.04--
2001-12-19Dividend$0.04--
2001-09-21Dividend$0.04--
2001-06-13Dividend$0.04--
2001-03-14Dividend$0.04--
2000-12-13Dividend$0.04--
2000-09-13Dividend$0.04--
2000-06-08Dividend$0.04--
2000-03-09Dividend$0.04--
1999-12-13Dividend$0.04--
1999-09-15Dividend$0.04--
1999-06-09Dividend$0.04--
1999-03-10Dividend$0.04--
1998-12-10Dividend$0.04--
1998-09-11Dividend$0.04--
1998-06-10Dividend$0.04--
1998-03-11Dividend$0.04--
1997-09-11Dividend$0.04--
1997-06-11Dividend$0.04--
1997-03-12Dividend$0.04--
1996-12-11Dividend$0.04--
1996-10-01Dividend$0.04--
1996-06-12Dividend$0.04--
1996-03-13Dividend$0.04--
1995-12-13Dividend$0.04--
1995-09-13Dividend$0.04--
1995-06-13Dividend$0.04--


PATK Dividends vs. Peers

PATK's dividend yield currently ranks #35 of 48 vs. its peers in the Industrial - Manufacturing category.
Rank Symbol Name Dividend Yield
1 CVR Chicago Rivet & Machine Co. 0.00%
2 DRTT DIRTT Environmental Solutions Ltd. 0.00%
3 VPG Vishay Precision Group, Inc. 0.00%
4 ASV ASV Holdings, Inc. 0.00%
5 TEL TE Connectivity Ltd. 0.00%
6 AQUA Evoqua Water Technologies Corp. 0.00%
7 TG Tredegar Corporation 0.00%
8 CCDBF CCL Industries Inc. 0.00%
9 EAF GrafTech International Ltd. 0.00%
10 HI Hillenbrand Inc 0.00%
11 TKR Timken Company (The) 0.00%
12 MLI Mueller Industries, Inc. 0.00%
13 MATW Matthews International Corporation - 0.00%
14 WMS Advanced Drainage Systems, Inc. 0.00%
15 CRWS Crown Crafts, Inc. 0.00%
16 BMI Badger Meter, Inc. 0.00%
17 KMT Kennametal Inc. 0.00%
18 ITOCY Itochu Corp. ADR 0.00%
19 WTS Watts Water Technologies, Inc. 0.00%
20 IEC IEC Electronics Corp. 0.00%
21 JEHLY Johnson Electric Holdings Limited 0.00%
22 ZEST Ecoark Holdings, Inc. 0.00%
23 TPIC TPI Composites, Inc. 0.00%
24 FRRVY Ferrovial S.A. ADR 0.00%
25 ATASY Atlantia S.p.A. ADR 0.00%
26 GE General Electric Co. 0.00%
27 XYL Xylem Inc. 0.00%
28 CSL Carlisle Companies Incorporated 0.00%
29 LLESY Lendlease Group 0.00%
30 ST Sensata Technologies Holding plc Ordinary Shares 0.00%
31 MWA MUELLER WATER PRODUCTS 0.00%
32 ORA Ormat Technologies, Inc. 0.00%
33 FELE Franklin Electric Co., Inc. 0.00%
34 MYE Myers Industries, Inc. 0.00%
35 PATK Patrick Industries, Inc. 0.00%
36 LNN Lindsay Corporation 0.00%
37 KPELY Keppel Corporation Limited 0.00%
38 GLW Corning Inc. 0.00%
39 CIX CompX International Inc. 0.00%
40 KUBTY Kubota Corp. ADR 0.00%
41 HIHO Highway Holdings Limited 0.00%
42 CMT Core Molding Technologies Inc 0.00%
43 SIEGY Siemens AG 0.00%
44 LFUS Littelfuse, Inc. 0.00%
45 FLOW SPX FLOW, Inc. 0.00%
46 BOUYY Bouygues SA 0.00%
47 RXN Rexnord Corporation 0.00%
48 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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