dividend
confidence high
sentiment positive
materiality 0.55
Patrick Industries raises quarterly dividend 22% to $0.55 from $0.45
PATRICK INDUSTRIES INC
- Quarterly cash dividend increased to $0.55 per share from $0.45 per share.
- Dividend payable on December 11, 2023 to shareholders of record on November 27, 2023.
- CEO cites solid balance sheet, liquidity, and disciplined capital allocation as rationale.