StocksMedium•13 November 2026•
1 min read
Patrick Industries Hikes Dividend by 10.6% and Renews $100 Million Buyback
Key Facts
1Patrick Industries' Board approved a 10.6% increase in its quarterly cash dividend to $0.52 per share from $0.47.
2The company announced a replenished share repurchase authorization totaling $100 million.
Patrick Industries' Board of Directors approved a 10.6% increase in its quarterly cash dividend to $0.52 per share, up from the previous $0.47. PR Newswire reported that the company also announced a replenished share repurchase authorization totaling $100 million as part of its capital allocation measures to return value to shareholders.
PATK closed at $78.59 on November 12, 2026. During that session, the stock reached a high of $80.4 and a low of $78.05. These board-approved measures became effective as of November 11, 2026.