Patrick Industries Announces Quarterly Cash Dividend for Shareholders

Patrick Industries Declares Quarterly Cash Dividend

ELKHART, Ind., May 15, 2026 – Patrick Industries, Inc. (NASDAQ: PATK), a prominent player in the component solutions market, has recently announced a quarterly cash dividend declaration by its Board of Directors. This decision reflects the company’s ongoing commitment to delivering value to its shareholders while enhancing its market presence.

On May 14, 2026, the Board of Directors set the dividend at $0.47 per share. This dividend is scheduled to be paid on June 8, 2026, to all shareholders whose names appear on the record by the close of business on May 26, 2026.

Patrick Industries, recognized for its innovative component solutions, serves a diverse array of markets, including the recreational vehicle (RV), marine, powersports, and housing sectors. Since its formation in 1959, the company has carved out a reputation for empowering original equipment manufacturers and aftermarket customers, providing them with the necessary tools to elevate their recreation experiences to new heights.

The strategic decision to issue a cash dividend underscores Patrick’s robust financial health and its dedication to fostering relationships with its shareholders. The company not only prioritizes growth and innovation but also ensures that its shareholders benefit from its success. Patrick Industries takes pride in its customer-centric approach that unites design, manufacturing, distribution, and transportation under one comprehensive model, solidifying its reputation as a trusted partner in the industry.

With a portfolio of over 85 leading brands, Patrick Industries is dedicated to quality, customer service, and innovation, reflecting a strong commitment to meeting the evolving needs of outdoor enthusiasts across the nation. Headquartered in Elkhart, Indiana, the company employs more than 10,000 skilled individuals, highlighting its significant role in the local economy and beyond.

While the declared dividend is a positive update for investors, it is also important to consider that future dividends will require Board approval. The company advises that while it aims to continue its tradition of providing dividends, economic conditions and market challenges may influence these outcomes.

To stay informed about Patrick Industries, its innovative solutions, and the brands it offers, stakeholders are encouraged to visit www.patrickind.com. Here, you can find in-depth information about the company's endeavors and explore how Patrick continues to drive success in the component solutions market.

As a publicly traded company, Patrick Industries also provides transparency through its reporting. Investors and interested parties can find details about potential risks and forward-looking statements in their official filings, including the Annual Report on Form 10-K for the year ended December 31, 2025, which is available through the Securities and Exchange Commission (SEC).

In conclusion, the recent announcement of a quarterly cash dividend not only reflects Patrick Industries' financial stability but also reinforces its commitment to shareholders, making it a noteworthy update for the investment community. With a legacy steeped in innovation and quality, Patrick Industries continues to set benchmarks in the field of component solutions while shaping the recreational experiences across various market segments.