---
schema_version: "secwatch.filing_event.v1"
accession: "0000076605-24-000189"
form_type: "8-K"
ticker: "PATK"
cik: "0000076605"
company_name: "PATRICK INDUSTRIES INC"
filed_at: "2024-11-21T23:59:59+00:00"
generated_at: "2026-05-29T21:25:04.391039+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Patrick Industries raises dividend 9.1% to $0.60, ups buyback to $200M, announces 3-for-2 stock split

## Summary
- Quarterly dividend raised 9.1% to $0.60/share ($0.55 prior); payable Dec 9, record Nov 25.
- Board authorized up to $200M in share repurchases over 24 months; $72.9M remained under prior authorization.
- 3-for-2 stock split (stock dividend): one additional share for every two held; record Nov 29, payable Dec 13, split-adjusted trading Dec 16.
- CEO Andy Nemeth cited confidence in long-term earnings power and ability to generate free cash flow.

## SEC filing metadata
- accession: 0000076605-24-000189
- form_type: 8-K
- ticker: PATK
- cik: 0000076605
- company_name: PATRICK INDUSTRIES INC
- filed_at: 2024-11-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/76605/000007660524000189/0000076605-24-000189-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/76605/000007660524000189/patk-20241114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000076605-24-000189
- JSON: https://secwatch.observer/filing/0000076605-24-000189.json
- Plain text: https://secwatch.observer/filing/0000076605-24-000189.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.