Patrick Industries Dividends
| PATK Stock | USD 134.42 3.93 2.84% |
At this time, Patrick Industries' Dividends Paid is quite stable compared to the past year. Dividend Payout Ratio is expected to rise to 0.31 this year, although the value of Dividend Yield will most likely fall to 0.01. Patrick Industries' past performance could be the main factor of why investors trade Patrick Industries stock today. Investors should clearly understand every aspect of the Patrick Industries dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Patrick Industries' dividend schedule and payout information. Patrick Industries dividends can also provide a clue to the current valuation of Patrick Industries.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 42.1 M | 44.2 M | |
| Dividend Yield | 0.02 | 0.01 | |
| Dividend Payout Ratio | 0.29 | 0.31 | |
| Dividend Paid And Capex Coverage Ratio | 4.04 | 2.46 |
Patrick |
Investing in dividend-paying stocks, such as Patrick Industries is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Patrick Industries must own a stock before its ex-dividend date to receive its next dividend.
Patrick Industries Dividends Paid Over Time
Today, most investors in Patrick Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Patrick Industries' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Patrick Industries dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
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Patrick Industries Historical Dividend Yield Growth
A solid dividend growth pattern of Patrick Industries could indicate future dividend growth is likely, which can signal long-term profitability for Patrick Industries. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Patrick Industries dividend as a percentage of Patrick Industries stock price. Patrick Industries dividend yield is a measure of Patrick Industries stock productivity, which can be interpreted as interest rate earned on an Patrick Industries investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
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Recent Patrick Industries Dividends Paid (per share)
Dividends Paid |
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Patrick Industries Expected Dividend Income Per Share
Dividend payment represents part of Patrick Industries' profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Patrick Industries. Patrick Industries' board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$1.47 Bottom Scenario | $1.52 | $1.56 Top Scenario |
One Year
Patrick Industries expected dividend income per share adjusted for ongoing price standard deviation
Patrick Industries Past Distributions to stockholders
| 9th of September 2024 | ||
| 17th of June 2024 | ||
| 4th of March 2024 | ||
| 20th of February 2024 | ||
| 11th of December 2023 | ||
| 11th of September 2023 | ||
| 26th of June 2023 | ||
| 6th of March 2023 | ||
| 12th of December 2022 |
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patrick Industries. If investors know Patrick will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patrick Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Dividend Share 2.2 | Earnings Share 6.96 | Revenue Per Share 168.682 | Quarterly Revenue Growth 0.062 |
The market value of Patrick Industries is measured differently than its book value, which is the value of Patrick that is recorded on the company's balance sheet. Investors also form their own opinion of Patrick Industries' value that differs from its market value or its book value, called intrinsic value, which is Patrick Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patrick Industries' market value can be influenced by many factors that don't directly affect Patrick Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Patrick Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patrick Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patrick Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.