Patrick Industries, Inc. announced an increase in its quarterly cash dividend from $0.40 to $0.47 per share.
The dividend is payable on December 15, 2025, to shareholders of record as of December 1, 2025.
The Board's decision reflects confidence in the company's business model and ability to generate free cash flow.
Dividend Increase
Quarterly dividend raised from $0.40 to $0.47 per share.
Board Approval
Board of Directors approved the dividend increase on November 19, 2025.
CEO Statement
CEO Andy Nemeth emphasizes confidence in the company's growth and capital allocation strategy.
- The dividend increase signals the company's financial strength and commitment to shareholder returns.
- Investors may view the higher dividend as a positive indicator of the company's performance and outlook.
Patrick Industries' dividend increase highlights its confidence in future performance and commitment to shareholder value. The decision reflects a positive outlook on the company's growth prospects.