12-01-2025, 05:29 PM
Patrick Industries, Inc. Announces Increase to Regular Quarterly Cash Dividend
Nov 20, 2025, 08:30 ET
ELKHART, Ind., Nov. 20, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced that on November 19, 2025, its Board of Directors (the "Board") approved an increase in the amount of its quarterly cash dividend on its common stock to $0.47 per share from $0.40 per share. The dividend is payable on December 15, 2025 to shareholders of record at the close of business on December 1, 2025.
"The increase in our quarterly cash dividend underscores our continued confidence in the strength and resilience of our business model, the durability of our end markets, and our ability to generate free cash flow," said Andy Nemeth, Chief Executive Officer of Patrick. "We remain committed to a balanced and disciplined capital allocation strategy that supports our strategic growth initiatives."
Nov 20, 2025, 08:30 ET
ELKHART, Ind., Nov. 20, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced that on November 19, 2025, its Board of Directors (the "Board") approved an increase in the amount of its quarterly cash dividend on its common stock to $0.47 per share from $0.40 per share. The dividend is payable on December 15, 2025 to shareholders of record at the close of business on December 1, 2025.
"The increase in our quarterly cash dividend underscores our continued confidence in the strength and resilience of our business model, the durability of our end markets, and our ability to generate free cash flow," said Andy Nemeth, Chief Executive Officer of Patrick. "We remain committed to a balanced and disciplined capital allocation strategy that supports our strategic growth initiatives."
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan