Patrick Industries, Inc. (PATK) Dividends
Dividend Yield and Dividend History Highlights
PATK Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $105.49 | $25.54 | -59.07% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of PATK, the dividend discount model StockNews created for the company implies a negative return of 59.07%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Patrick Industries Inc are:
- Regarding its relative worth based on the dividend discount model, PATK's provides a return of -59.07% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 25.74% of all stocks we measured with our dividend discount model.
- A stock's beta generally indicates its volatility relative to the broader equity market; as for PATK, approximately just 16.46% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
PATK Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-16 | Dividend | $0.55 | -- |
| 2023-11-24 | Dividend | $0.55 | +22.22% |
| 2023-08-25 | Dividend | $0.45 | -- |
| 2023-06-09 | Dividend | $0.45 | -- |
| 2023-02-17 | Dividend | $0.45 | -- |
| 2022-11-25 | Dividend | $0.45 | +36.36% |
| 2022-08-26 | Dividend | $0.33 | -- |
| 2022-05-27 | Dividend | $0.33 | -- |
| 2022-03-04 | Dividend | $0.33 | -- |
| 2021-11-26 | Dividend | $0.33 | +17.86% |
| 2021-08-27 | Dividend | $0.28 | -- |
| 2021-05-28 | Dividend | $0.28 | -- |
| 2021-03-05 | Dividend | $0.28 | -- |
| 2020-11-27 | Dividend | $0.28 | +12.00% |
| 2020-08-28 | Dividend | $0.25 | -- |
| 2020-05-29 | Dividend | $0.25 | -- |
| 2020-03-06 | Dividend | $0.25 | -- |
| 2019-12-13 | Dividend | $0.25 | +1,775.00% |
| 2017-12-11 | Split | 3-2-for-1 Stock Split | N/A% |
| 2015-06-01 | Split | 3-2-for-1 Stock Split | N/A |
| 2003-03-19 | Dividend | $0.04 | -- |
| 2002-12-17 | Dividend | $0.04 | -- |
| 2002-09-11 | Dividend | $0.04 | -- |
| 2002-06-12 | Dividend | $0.04 | -- |
| 2002-03-20 | Dividend | $0.04 | -- |
| 2001-12-19 | Dividend | $0.04 | -- |
| 2001-09-21 | Dividend | $0.04 | -- |
| 2001-06-13 | Dividend | $0.04 | -- |
| 2001-03-14 | Dividend | $0.04 | -- |
| 2000-12-13 | Dividend | $0.04 | -- |
| 2000-09-13 | Dividend | $0.04 | -- |
| 2000-06-08 | Dividend | $0.04 | -- |
| 2000-03-09 | Dividend | $0.04 | -- |
| 1999-12-13 | Dividend | $0.04 | -- |
| 1999-09-15 | Dividend | $0.04 | -- |
| 1999-06-09 | Dividend | $0.04 | -- |
| 1999-03-10 | Dividend | $0.04 | -- |
| 1998-12-10 | Dividend | $0.04 | -- |
| 1998-09-11 | Dividend | $0.04 | -- |
| 1998-06-10 | Dividend | $0.04 | -- |
| 1998-03-11 | Dividend | $0.04 | -- |
| 1997-09-11 | Dividend | $0.04 | -- |
| 1997-06-11 | Dividend | $0.04 | -- |
| 1997-03-12 | Dividend | $0.04 | -- |
| 1996-12-11 | Dividend | $0.04 | -- |
| 1996-10-01 | Dividend | $0.04 | -- |
| 1996-06-12 | Dividend | $0.04 | -- |
| 1996-03-13 | Dividend | $0.04 | -- |
| 1995-12-13 | Dividend | $0.04 | -- |
| 1995-09-13 | Dividend | $0.04 | -- |
| 1995-06-13 | Dividend | $0.04 | -- |
PATK Dividends vs. Peers
PATK's dividend yield currently ranks #35 of 48 vs. its peers in the Industrial - Manufacturing category.
Looking for More Information on PATK dividends?
Want to see what other sources are saying about Patrick Industries Inc's dividends? Try the links below:Patrick Industries Inc Common Stock (PATK) Dividend History | Nasdaq
Dividend History for Patrick Industries Inc (PATK) - Dividend Investor
Patrick Industries Inc (PATK) Dividend History - Seeking Alpha