Patrick Industries, Inc. Declares Quarterly Cash Dividend

Rhea-AI Summary

Patrick Industries (NASDAQ:PATK) declared a quarterly cash dividend of $0.47 per share on its common stock. The dividend was approved by the Board on May 14, 2026, is payable on June 8, 2026 to shareholders of record as of May 26, 2026.

Positive

• Quarterly cash dividend set at $0.47 per common share
• Dividend payable June 8, 2026 to shareholders of record May 26

Negative

• Future dividends remain subject to Board approval and may change

News Market Reaction – PATK

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In the May 15 session, PATK declined 3.13%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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ELKHART, Ind., May 15, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced that on May 14, 2026 its Board of Directors (the "Board") declared a quarterly cash dividend on its common stock of $0.47 per share. The dividend is payable on June 8, 2026 to shareholders of record at the close of business on May 26, 2026.

About Patrick Industries, Inc.

Patrick (NASDAQ: PATK) is a leading component solutions provider serving original equipment manufacturers and aftermarket customers in the RV, Marine, Powersports and Housing markets. Since 1959, Patrick has empowered manufacturers and outdoor enthusiasts to achieve next-level recreation experiences. Our customer-focused approach brings together design, manufacturing, distribution, and transportation in a full solutions model that defines us as a trusted partner. Patrick is home to more than 85 leading brands, all united by a commitment to quality, customer service, and innovation. Headquartered in Elkhart, IN, Patrick employs more than 10,000 skilled team members throughout the United States. For more information on Patrick, our brands, and products, please visit www.patrickind.com.

Forward-Looking Statements

This press release contains certain statements related to future results, our intentions, beliefs and expectations or predictions for the future, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any projections of financial performance or statements concerning expectations as to future developments should not be construed in any manner as a guarantee that such results or developments will, in fact, occur. There can be no assurance that any forward-looking statement will be realized or that actual results will not be significantly different from that set forth in such forward-looking statement. Information about certain risks that could affect our business and cause actual results to differ from those expressed or implied in the forward-looking statements are contained in the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, and in the Company's Forms 10-Q for subsequent quarterly periods, which are filed with the Securities and Exchange Commission ("SEC") and are available on the SEC's website at www.sec.gov. In addition, future dividends are subject to Board approval. Each forward-looking statement speaks only as of the date of this press release, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances occurring after the date on which it is made.

Contact:

Steve O'Hara
Vice President of Investor Relations
oharas@patrickind.com
574.294.7511

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SOURCE Patrick Industries, Inc.

FAQ

What dividend did Patrick Industries (NASDAQ:PATK) declare on May 14, 2026?

Patrick Industries declared a quarterly cash dividend of $0.47 per share on its common stock. According to Patrick, the Board approved this dividend on May 14, 2026 as part of its regular quarterly cash distribution to shareholders.

When is the Patrick Industries (PATK) June 2026 dividend payable?

The Patrick Industries quarterly dividend is payable on June 8, 2026. According to Patrick, shareholders must be on record as of the close of business on May 26, 2026 to receive the $0.47 per share cash dividend.

What is the record date for the Patrick Industries (PATK) $0.47 dividend?

The record date for Patrick Industries’ $0.47 quarterly dividend is May 26, 2026. According to Patrick, investors holding PATK shares at the close of business that day will be eligible for the cash payment on June 8, 2026.

Are future dividends from Patrick Industries (PATK) guaranteed after the June 2026 payout?

Future dividends from Patrick Industries are not guaranteed. According to Patrick, any future dividend payments remain subject to Board approval and may be affected by business conditions, risk factors, and other considerations disclosed in its SEC filings.

How often does Patrick Industries (PATK) pay its cash dividend?

Patrick Industries announced a quarterly cash dividend of $0.47 per share. According to Patrick, this distribution is described as a quarterly dividend, indicating payments are scheduled four times per year, subject to ongoing review and approval by the company’s Board of Directors.