As of today (2024-04-29), the Trailing Annual Dividend Yield of Patrick Industries is 1.90%.
The historical rank and industry rank for Patrick Industries's Dividend Yield % or its related term are showing as below:
PATK'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.41 Med: 1.69 Max: 3.03
Current: 1.9
During the past 13 years, the highest Dividend Yield of Patrick Industries was 3.03%. The lowest was 0.41%. And the median was 1.69%.
PATK's Dividend Yield % is ranked worse than 64.37% of 247
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.61
vs PATK: 1.90
During the past 12 months, Patrick Industries's average Dividends Per Share Growth Rate was 31.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 22.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Patrick Industries was 79.30% per year. The lowest was -36.70% per year. And the median was 16.40% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Patrick Industries Dividend Yield % Historical Data
The historical data trend for Patrick Industries's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Patrick Industries's Dividend Yield %
For the Furnishings, Fixtures & Appliances subindustry, Patrick Industries's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Patrick Industries's Dividend Yield % Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Patrick Industries's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Patrick Industries's Dividend Yield % falls into.
Patrick Industries Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Patrick Industries Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.550
2024-02-16
2024-02-20
2024-03-04
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.550
2023-11-24
2023-11-27
2023-12-11
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.450
2023-08-25
2023-08-28
2023-09-11
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.450
2023-06-09
2023-06-12
2023-06-26
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Patrick Industries's Trailing Annual Dividend Yield (%) for Today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Patrick Industries (NAS:PATK) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Thank you for viewing the detailed overview of Patrick Industries's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Patrick Industries (Patrick Industries) Business Description
Patrick Industries Inc makes and sells building products and materials for recreational vehicles and manufactured housing. The company is organized into two segments based on product type: manufacturing and distribution. The manufacturing segment, which generates the majority of revenue, sells laminated and vinyl products that include furniture, shelving, cabinets, bath fixtures, and countertops. The distribution segment sells prefinished wall and ceiling panels, as well as electrical and plumbing products for the RV and manufactured-housing industries. One of the firm's RV customers makes up a significant portion of revenue. Nearly all of Patrick Industries' revenue comes from North America.
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