Patrick Industries, Inc. Declares Increased Quarterly Cash Dividend for Shareholders

Patrick Industries, Inc. Announces Increased Quarterly Cash Dividend

On November 19, 2025, Patrick Industries, Inc. (NASDAQ: PATK) made headlines by announcing an increase in its quarterly cash dividend, raising it from $0.40 to $0.47 per share. This decision was approved by the company's Board of Directors and marks an important step for the company’s financial strategy.

The dividend will be payable on December 15, 2025, to shareholders who are on record by December 1, 2025. According to Andy Nemeth, CEO of Patrick, this increase showcases the company’s confidence in its business model and its ability to generate free cash flow consistently. He emphasized the importance of a disciplined capital allocation strategy that aligns with their growth initiatives.

Patrick Industries is a renowned provider of component solutions across various sectors, including Recreational Vehicles (RV), Marine, Powersports, and Housing markets. The company has been in the industry since 1959, establishing itself as a reliable partner for both manufacturers and outdoor enthusiasts. Their focus on quality and customer service has allowed them to accumulate over 85 leading brands under their umbrella.

The announcement is significant not only for current investors but also signals to potential investors the resilience and stability of Patrick’s business operations. With approximately 10,000 skilled employees in the U.S., the company's robust operational framework supports its market presence and potential for future growth.

This increase in dividends serves as a promising indicator of Patrick Industries' commitment to its shareholders and offers a strong incentive for investment as the company navigates the evolving market landscape.

As an active player in the component solutions space, Patrick continues to focus on delivering enhanced recreational experiences, weaving quality and innovation into its products. The company’s strategic approach and adaptable business model have positioned them well to weather industry fluctuations and capitalize on new opportunities.

Forward-Looking Statements

While this announcement indicates strong financial health, it is essential to recognize that forward-looking statements related to expected outcomes and future projections enhance stakeholder insights but are not guarantees. Risks affecting Patrick’s operations are detailed in their annual and quarterly reports, ensuring transparency in their financial communications.

For further details regarding Patrick Industries, its brands, and product offerings, you can visit their official website at www.patrickind.com.

In summary, the approved increase in the quarterly cash dividend is a strategic move that aligns with the company’s commitment to its shareholders and reinforces their competitive positioning in a dynamic market environment.