SmarterDividends
PATK

Patrick Industries, Inc.

PATK

Consumer Cyclical · Recreational Vehicles · Stock · quarterly payer

$68.04

Overvalued · -43% Add to Portfolio

Forward Yield

2.76%

Annual Dividend

$1.88

Payout Ratio

43%

5-Yr Growth

19.5%

Ex-Date

Aug 24, 2026

Frequency

Quarterly

Key facts about PATK's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Patrick Industries, Inc. (PATK) has a forward dividend yield of 2.76%, based on an annual dividend of $1.88 per share and a share price of $68.04.
  • As of Oct 18, 2026, PATK's dividend safety grade from SmarterDividends is A (82 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Patrick Industries, Inc. (PATK) has raised its dividend for 7 consecutive years as of Oct 18, 2026.
  • PATK has never cut its regular dividend in the payment history SmarterDividends has on record.
  • PATK's most recent ex-dividend date was Aug 24, 2026, for a dividend of $0.47 per share.
  • As of Oct 18, 2026, PATK pays out 43% of its trailing 12-month earnings as dividends (its payout ratio).
  • PATK's dividend has grown at an average rate of 19.5% a year over the past five years.
  • As of Oct 18, 2026, PATK's 2.76% yield is 38% above its five-year average yield of 2.00%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for PATK is $38.74 per share, 43% below the $68.04 share price, so PATK screens as overvalued.
  • Patrick Industries, Inc. (PATK) pays its dividend quarterly, 4 times a year.
  • Patrick Industries, Inc. (PATK) has raised its regular dividend 6 times and cut it 0 times across the 58 payments on record since 1995. Its most recent change was a 17.5% increase to $0.470 per share, going ex-dividend on Dec 1, 2025.
Cite this page

SmarterDividends, "PATK Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/PATK

Summary

As of Oct 18, 2026, Patrick Industries, Inc. (PATK) yields 2.76% ($1.88 a year per share), has a dividend safety grade of A (82/100) and has 7 consecutive years of dividend increases on record.

Is PATK a good dividend stock?

Yes

Patrick Industries, Inc. (PATK) pays a quarterly dividend yielding 2.76% ($1.88/yr), with 7 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (43%)
  • Strong 19.5% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
2.76%
Payout Ratio
43%
Annual Dividend
$1.88
5-Yr Avg Growth
19.5%
Ex-Dividend Date
Aug 24, 2026
Years of Growth
7
Frequency
quarterly
Beta
1.15
Market Cap
$2.2B
P/E Ratio
16.2
5-Yr Total Return
28%
52-Week Range
$63.00 – $148.50
Dividend Safety
A · 82/100
Ever Cut?
No

PATK dividend raises and cuts

Patrick Industries, Inc. (PATK) has raised its regular dividend 6 times and cut it 0 times across the 58 payments on record since 1995. Its most recent change was a 17.5% increase to $0.470 per share, going ex-dividend on Dec 1, 2025.

Ex-dateChangeOld → newMove
Dec 1, 2025Raise$0.400 → $0.470+17.5%
Nov 25, 2024Raise$0.367 → $0.400+9.1%
Nov 24, 2023Raise$0.300 → $0.367+22.2%
Nov 25, 2022Raise$0.220 → $0.300+36.4%
Nov 26, 2021Raise$0.187 → $0.220+17.9%
Nov 27, 2020Raise$0.167 → $0.187+12.0%
PATK ex-dividend date & scheduleNext ex-date Aug 24, 2026 · full ex-dividend historyView →PATK dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is PATK a good dividend stock?

Yes. Patrick Industries, Inc. (PATK) pays a quarterly dividend yielding 2.76% ($1.88/yr), with 7 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is PATK undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PATK's fair value is about $38.74 versus a $68.04 share price — so it looks overvalued (-43% vs. fair value).

Is PATK's dividend safe?

PATK has a dividend-safety grade of A (82/100), based on its payout coverage, free-cash-flow, 7-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is PATK's fair value?

Our blended fair-value estimate for PATK is about $38.74 per share, about 43% below the current $68.04 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is PATK a buy, hold, or sell?

We don't issue formal ratings, but on the data PATK screens as "yes" and overvalued. Patrick Industries, Inc. (PATK) pays a quarterly dividend yielding 2.76% ($1.88/yr), with 7 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will PATK cut its dividend?

PATK earns a dividend-safety grade of A (82/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does PATK pay a dividend?

Yes. Patrick Industries, Inc. pays a quarterly dividend of about $1.88 per share annually, a forward yield of roughly 2.76%.

What is PATK's dividend yield?

As of Oct 18, 2026, PATK's forward dividend yield is 2.76%, based on a $1.88 annual dividend and a $68.04 share price.

What is PATK's dividend per share?

As of Oct 18, 2026, PATK pays $1.88 per share per year, distributed on a quarterly basis.

What is PATK's dividend payout ratio?

As of Oct 18, 2026, PATK's payout ratio is 43% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has PATK grown its dividend?

As of Oct 18, 2026, PATK has increased its dividend for 7 consecutive years.

When is the next PATK ex-dividend date?

As of Oct 18, 2026, PATK's next ex-dividend date hasn't been announced. The most recent was Aug 24, 2026, for $0.47 per share.