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PATK (Patrick Industries) Dividend Payout Ratio : 0.77 (As of Dec. 2024)


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What is Patrick Industries Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Patrick Industries's Dividend Payout Ratio for the months ended in Dec. 2024 was 0.77.

The historical rank and industry rank for Patrick Industries's Dividend Payout Ratio or its related term are showing as below:

PATK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.18   Max: 0.35
Current: 0.34


During the past 13 years, the highest Dividend Payout Ratio of Patrick Industries was 0.35. The lowest was 0.07. And the median was 0.18.

PATK's Dividend Payout Ratio is ranked better than
66.96% of 224 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.455 vs PATK: 0.34

As of today (2025-03-17), the Dividend Yield % of Patrick Industries is 1.82%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Patrick Industries was 3.03%. The lowest was 0.41%. And the median was 1.70%.

Patrick Industries's Dividends per Share for the months ended in Dec. 2024 was $0.40.

During the past 12 months, Patrick Industries's average Dividends Per Share Growth Rate was 18.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 45.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Patrick Industries was 79.10% per year. The lowest was -36.60% per year. And the median was 22.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Patrick Industries Dividend Payout Ratio Historical Data

The historical data trend for Patrick Industries's Dividend Payout Ratio 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.

* Premium members only.

Patrick Industries Dividend Payout Ratio Chart

Patrick Industries Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.12 0.11 0.29 0.35

Patrick Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.31 0.26 0.31 0.77

Competitive Comparison of Patrick Industries's Dividend Payout Ratio

For the Furnishings, Fixtures & Appliances subindustry, Patrick Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Payout Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Patrick Industries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Patrick Industries's Dividend Payout Ratio falls into.



Patrick Industries Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Patrick Industries's Dividend Payout Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2024 )/ EPS without NRI (A: Dec. 2024 )
=1.5/ 4.34
=0.35

Patrick Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2024 )/ EPS without NRI (Q: Dec. 2024 )
=0.4/ 0.52
=0.77

* 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 Payout Ratio Explanation

In dividends investing, Dividend 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.


Patrick Industries Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Patrick Industries's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Patrick Industries Business Description

Traded in Other Exchanges
Address
107 West Franklin Street, Elkhart, IN, USA, 46516
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 portion of revenue.
Executives
Derrick B Mayes director 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
Joel D Duthie officer: Chief Legal Officer/Secretary 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
Andy L Nemeth director, officer: President C/O PATRICK INDUSTRIES, INC.,, P.O. BOX 638, ELKHART IN 46515-0638
Todd M Cleveland director, officer: CEO 107 W. FRANKLIN ST., ELKHART IN 46515
Jeff Rodino officer: EVP-Sales, Chief Sales Officer 107 W. FRANKLIN STREET, P.O.BOX 638, ELKHART IN 46515
Kip B Ellis officer: EVP Operations & COO 107 W. FRANKLIN STREET, P.O. BOX 638, ELKHART IN 46515
John A Forbes director 107 W. FRANKLIN STREET, P.O. BOX 638, ELKHART IN 46515
M Scott Welch director 6 LONGWOOD COURT, ELKHART IN 46516
Michael A Kitson director 107 W. FRANKLIN STREET, P.O. BOX 638, ELKHART IN 46515
Matthew S Filer officer: Interim CFO, Treasurer & PAO 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
Stacey L Neu officer: EVP & CHRO C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Pamela R Klyn director 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
Blosser Courtney officer: Chief Human Resource Officer 107 W. FRANKLIN STREET, P.O.BOX 638, ELKHART IN 46515
Jacob R Petkovich officer: EVP Finance, CFO & Treasurer 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
James E Rose other: Principal Accounting Officer 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515