dividend
confidence high
sentiment positive
materiality 0.45
Patrick Industries raises quarterly dividend 17.5% to $0.47 per share
PATRICK INDUSTRIES INC
- Quarterly cash dividend increased to $0.47 per share from $0.40 per share; payable Dec 15, 2025.
- Record date for the dividend is December 1, 2025; board approved on November 19, 2025.
- CEO Andy Nemeth cites confidence in business model, end-market durability, and free cash flow generation.
- Dividend increase reflects balanced capital allocation supporting strategic growth initiatives.
- New dividend rate represents a ~17.5% increase over the prior $0.40 per share.
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