Patrick Industries Inc (PATK) has declared a quarterly dividend of $0.47 per share, payable to shareholders of record on December 14, 2025. The ex-dividend date is set for November 30, 2025, meaning investors must own shares before this date to qualify for the dividend payment. This marks a 17.5% increase from the previous dividend of $0.40 per share.
With a current dividend yield of 1.79%, the increase reflects management's confidence in the company's financial position and commitment to returning capital to shareholders. Patrick Industries operates in the auto components industry, providing component solutions for recreational vehicles, marine, powersports, and manufactured housing. The company is headquartered in Elkhart, Indiana, and employs approximately 10,000 full-time staff.
As of November 20, 2025, Patrick Industries has a market capitalization of $3.3 billion and a trailing P/E ratio of 27.17, with earnings per share (EPS) at $3.50. Upcoming earnings are scheduled for July 29, 2026, with an estimated EPS of $1.82 and revenue expectations of $1.1 billion.
This update provides insight into the company's cash flow generation and capital allocation strategy, appealing to income-focused investors while highlighting the importance of reviewing dividend history and overall financial health when assessing sustainability.