PATK Board approves higher $0.47 quarterly cash dividend

Rhea-AI Filing Summary

Patrick Industries, Inc. (PATK) announced that its Board of Directors has approved a higher quarterly cash dividend on its common stock. The dividend was increased to $0.47 per share, up from $0.40 per share, reflecting a larger regular cash return to shareholders.

The dividend will be paid on December 15, 2025 to shareholders who are on record as of the close of business on December 1, 2025. The change was disclosed in connection with a press release dated November 20, 2025, which is included as an exhibit.

Insights

Equity income & capital allocation analyst

PATRICK INDUSTRIES raised its quarterly dividend to $0.47 per share.

Patrick Industries is signaling a stronger commitment to shareholder cash returns by lifting its quarterly dividend on common stock from $0.40 to $0.47 per share. This represents a notable step up in recurring payouts, which can be especially meaningful for income-focused holders.

A higher recurring dividend typically implies management has confidence in the company’s cash generation and balance sheet resilience, because dividends are hard to cut without reputational cost. However, the sustainability of this higher level still depends on future earnings, cash flow, and capital needs, which are not detailed in this disclosure.

The key near-term milestone is the declared dividend payment on December 15, 2025 to shareholders of record on December 1, 2025. Subsequent periodic disclosures may provide more context on payout ratios, reinvestment plans, and how this dividend level fits into the broader capital allocation strategy.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

                                                            

FORM 8-K


CURRENT REPORT
Pursuant To Section 13 OR 15(d) Of The Securities Exchange Act Of 1934

Date of report (Date of earliest event reported)			November 19, 2025
PATRICK INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)

Indiana

000-03922

35-1057796

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification Number)

107 W. Franklin St.

Elkhart,

Indiana

46516

(574)

294-7511

(Address of Principal Executive Offices)

(Zip Code)

Registrant's Telephone Number, including area code

(Former name or former address if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol			Name of each exchange on which registered
Common Stock, no par value			PATK			NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).            Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 8.01    Other Events

On November 20, 2025, Patrick Industries, Inc. (the "Company") issued a press release announcing that on November 19, 2025, the Company's Board of Directors (the "Board") authorized an increase in the amount of its quarterly cash dividend on its common stock to $0.47 per share from $0.40 per share. The dividend will be payable on December 15, 2025, to shareholders of record at the close of business on December 1, 2025. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01     Financial Statements and Exhibits

(d)    Exhibits

Exhibit 99.1 - Press Release issued November 20, 2025        

Exhibit 104 - Cover Page Interactive Date File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

PATRICK INDUSTRIES, INC.

(Registrant)

Date: November 20, 2025			By:			/s/ Andrew C. Roeder
						Andrew C. Roeder
						Executive Vice President - Finance, Chief Financial Officer, and Treasurer

FAQ

What dividend change did Patrick Industries (PATK) announce?

Patrick Industries’ Board of Directors approved an increase in the quarterly cash dividend on its common stock to $0.47 per share from $0.40 per share.

When will Patrick Industries’ new dividend be paid?

The increased quarterly cash dividend of $0.47 per share will be payable on December 15, 2025.

What is the record date for Patrick Industries’ upcoming dividend?

Shareholders of record at the close of business on December 1, 2025 will be eligible to receive the dividend.

Which Patrick Industries security does the dividend apply to?

The dividend applies to Patrick Industries’ common stock, no par value, which trades on NASDAQ under the symbol PATK.

How did Patrick Industries disclose the dividend increase?

Patrick Industries disclosed the dividend increase in an Item 8.01 Other Events report and referenced a related press release dated November 20, 2025 attached as Exhibit 99.1.

Who authorized the dividend increase at Patrick Industries?

The dividend increase was authorized by Patrick Industries’ Board of Directors on November 19, 2025.