Patrick Industries (Patrick Industries) Dividend Payout Ratio : 0.39 (As of Dec. 2023)

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What is Patrick Industries Dividend Payout Ratio?

Patrick Industries's dividend payout ratio for the months ended in Dec. 2023 was 0.39.

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: 0.12 Max: 0.29
Current: 0.29

During the past 13 years, the highest Dividend Payout Ratio of Patrick Industries was 0.29. The lowest was 0.07. And the median was 0.12.

PATK's Dividend Payout Ratio is ranked better than
70.18% of 218 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.44 vs PATK: 0.29

As of today (2024-04-26), the Dividend Yield % of Patrick Industries is 1.94%.

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 1.69%.

Patrick Industries's Dividends per Share for the months ended in Dec. 2023 was $0.55.

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 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

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.07

0.25

0.12

0.11

0.29

Patrick Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.27	0.33	0.23	0.25	0.39

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

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Patrick Industries's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.9	/	6.5
	=	0.29

Patrick Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.55	/	1.41
	=	0.39

Patrick Industries (NAS:PATK) Dividend Payout Ratio Explanation

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.

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 (Patrick Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Patrick Industries Inc (NAS:PATK) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

PK2:Germany

Address

107 West Franklin Street, P.O. Box 638, Elkhart, IN, USA, 46515

Website

https://www.patrickind.com

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.

Executives

Andy L Nemeth	director, officer: President	C/O PATRICK INDUSTRIES, INC.,, P.O. BOX 638, ELKHART IN 46515-0638
Kip B Ellis	officer: EVP Operations & COO	107 W. FRANKLIN STREET, P.O. BOX 638, ELKHART IN 46515
Jeff Rodino	officer: EVP-Sales, Chief Sales Officer	107 W. FRANKLIN STREET, P.O.BOX 638, ELKHART IN 46515
Todd M Cleveland	director, officer: CEO	107 W. FRANKLIN ST., ELKHART IN 46515
Derrick B Mayes	director	107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
Matthew S Filer	officer: Interim CFO, Treasurer & PAO	107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
M Scott Welch	director	6 LONGWOOD COURT, ELKHART IN 46516
Stacey L Neu	officer: EVP & CHRO	C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Michael A Kitson	director	107 W. FRANKLIN STREET, P.O. BOX 638, ELKHART IN 46515
Pamela R Klyn	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
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
Joshua A Boone	officer: VP - Finance & CFO	107 W. FRANKLIN STREET, P.O. BOX 638, ELKHART IN 46515