
Patrick Industries, Inc.
PATKConsumer Cyclical · Recreational Vehicles · Stock · quarterly payer
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?
YesPatrick 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-date | Change | Old → new | Move |
|---|---|---|---|
| Dec 1, 2025 | Raise | $0.400 → $0.470 | +17.5% |
| Nov 25, 2024 | Raise | $0.367 → $0.400 | +9.1% |
| Nov 24, 2023 | Raise | $0.300 → $0.367 | +22.2% |
| Nov 25, 2022 | Raise | $0.220 → $0.300 | +36.4% |
| Nov 26, 2021 | Raise | $0.187 → $0.220 | +17.9% |
| Nov 27, 2020 | Raise | $0.167 → $0.187 | +12.0% |
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.
PATK Price — Last 12 Months
Daily close
Price Return
1 Year
-37%
3 Years
+24%
5 Years
+28%
52-Week Range
$63.00 – $148.50
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PATK worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Patrick Industries, Inc. is $38.74 per share, versus a market price of $68.04. That implies 43% of downside.
Fair Value
$38.74
Current Price
$68.04
Downside
-43%
Margin of Safety
-76%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 2.4% annual free-cash-flow growth. We model 0.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $4.20 EPS, $1.88 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PATK Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full PATK dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 24, 2026 | Sep 8, 2026 | $0.4700 | regular |
| May 26, 2026 | Jun 8, 2026 | $0.4700 | regular |
| Feb 23, 2026 | Mar 9, 2026 | $0.4700 | regular |
| Dec 1, 2025 | Dec 15, 2025 | $0.4700 | regular |
| Aug 25, 2025 | Sep 8, 2025 | $0.4000 | regular |
| May 27, 2025 | Jun 9, 2025 | $0.4000 | regular |
| Feb 18, 2025 | Mar 3, 2025 | $0.4000 | regular |
| Nov 25, 2024 | Dec 9, 2024 | $0.4000 | regular |
| Aug 26, 2024 | Sep 9, 2024 | $0.3667 | regular |
| Jun 3, 2024 | Jun 17, 2024 | $0.3667 | regular |
| Feb 16, 2024 | Mar 4, 2024 | $0.3667 | regular |
| Nov 24, 2023 | Dec 11, 2023 | $0.3667 | regular |
| Aug 25, 2023 | Sep 11, 2023 | $0.3000 | regular |
| Jun 9, 2023 | Jun 26, 2023 | $0.3000 | regular |
Income Calculator
At $1.88 / yr per share
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