STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$2.10
Forward Annual Dividend Rate
$2.20
Yield
Trailing Annual Dividend Yield
1.59%
Forward Annual Dividend Yield
0.92%
Dividend Date
Dividend Date
Dec 15, 2025
Ex-dividend Date
Dec 01, 2025
1.91 %
29.60
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Nov 19, 2025 | 0.47 | Dec 01, 2025 | Dec 01, 2025 | Dec 15, 2025 |
| Aug 14, 2025 | 0.4 | Aug 25, 2025 | Aug 25, 2025 | Sep 08, 2025 |
| May 15, 2025 | 0.4 | May 27, 2025 | May 27, 2025 | Jun 09, 2025 |
| Feb 03, 2025 | 0.4 | Feb 18, 2025 | Feb 18, 2025 | Mar 03, 2025 |
| Nov 14, 2024 | 0.6 | Nov 25, 2024 | Nov 25, 2024 | Dec 09, 2024 |
| Aug 15, 2024 | 0.55 | Aug 26, 2024 | Aug 26, 2024 | Sep 09, 2024 |
| May 16, 2024 | 0.55 | Jun 03, 2024 | Jun 03, 2024 | Jun 17, 2024 |
| Feb 05, 2024 | 0.55 | Feb 16, 2024 | Feb 20, 2024 | Mar 04, 2024 |
| Nov 15, 2023 | 0.55 | Nov 24, 2023 | Nov 27, 2023 | Dec 11, 2023 |
| Aug 17, 2023 | 0.45 | Aug 25, 2023 | Aug 28, 2023 | Sep 11, 2023 |
| May 25, 2023 | 0.45 | Jun 09, 2023 | Jun 12, 2023 | Jun 26, 2023 |
| Feb 06, 2023 | 0.45 | Feb 17, 2023 | Feb 21, 2023 | Mar 06, 2023 |
| Nov 11, 2022 | 0.45 | Nov 25, 2022 | Nov 28, 2022 | Dec 12, 2022 |
| Aug 10, 2022 | 0.33 | Aug 26, 2022 | Aug 29, 2022 | Sep 12, 2022 |
| May 13, 2022 | 0.33 | May 27, 2022 | May 31, 2022 | Jun 13, 2022 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Dec 16, 2024 | 3:2 | -2.22% | -3.40% |
| Jan 11, 2018 | 3:2 | -0.23% | 0 |
| Dec 11, 2017 | 3:2 | +0.25% | -1.73% |
| Jun 01, 2015 | 3:2 | +0.95% | 0 |
| May 29, 2015 | 3:2 | +0.23% | -1.39% |
| Mar 23, 1994 | 2:1 | +3.61% | +1.63% |
| Jun 10, 1993 | 3:2 | +2.63% | +2.04% |
| Oct 07, 1988 | 11:10 | 0 | 0 |
| Mar 21, 1986 | 11:10 | 0 | 0 |
| Jun 09, 1976 | 21:20 | 0 | 0 |
| Aug 08, 1972 | 53:50 | 0 | 0 |
Frequently Asked Questions
Is Patrick Industries, Inc. (PATK) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Patrick Industries, Inc. is also among the companies that regularly pay dividends.
What is PATK's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. PATK's annual dividend yield for the trailing 12 months is 1.59.
When did PATK last pay a dividend?
PATK last paid dividends on 2025-12-15, with the ex-dividend date being 2025-12-01.
When was the last time PATK stock split?
PATK stock split took place on 16-12-2024.
How did PATK's stock split work?
Its last split took place on Dec 16, 2024, when Patrick Industries, Inc. went through a 3:2 split leaving the shareholder with 3 share(s) who previously owned 2 PATK share(s).