Patrick Dividend Yield from 2010 to 2024

PATK Stock  USD 135.09  1.83  1.37%   
Patrick Industries Dividend Yield yearly trend continues to be quite stable with very little volatility. The value of Dividend Yield is projected to decrease to 0.01. Dividend Yield is a financial ratio that shows how much Patrick Industries pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. View All Fundamentals
 
Dividend Yield  
First Reported
2010-12-31
Previous Quarter
0.01951439
Current Value
0.0123
Quarterly Volatility
0.00650185
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Patrick Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Patrick Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 151.8 M, Interest Expense of 72.4 M or Total Revenue of 3.6 B, as well as many indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0123 or PTB Ratio of 1.32. Patrick financial statements analysis is a perfect complement when working with Patrick Industries Valuation or Volatility modules.
  
Check out the analysis of Patrick Industries Correlation against competitors.
For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.

Latest Patrick Industries' Dividend Yield Growth Pattern

Below is the plot of the Dividend Yield of Patrick Industries over the last few years. Dividend Yield is Patrick Industries dividend as a percentage of Patrick Industries stock price. Patrick Industries dividend yield is a measure of Patrick Industries stock productivity, which can be interpreted as interest rate earned on an Patrick Industries investment. It is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Patrick Industries' Dividend Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Patrick Industries' overall financial position and show how it may be relating to other accounts over time.
Dividend Yield10 Years Trend
Slightly volatile
   Dividend Yield   
       Timeline  

Patrick Dividend Yield Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation70.85
Mean Deviation0.01
Median0
Standard Deviation0.01
Sample Variance0.000042
Range0.0197
R-Value0.70
Mean Square Error0.000023
R-Squared0.49
Significance0
Slope0
Total Sum of Squares0.0006

Patrick Dividend Yield History

2024 0.0123
2023 0.0195
2022 0.0245
2021 0.0147
2020 0.0152
2011 0.004796
2010 0.008273

About Patrick Industries Financial Statements

Patrick Industries investors utilize fundamental indicators, such as Dividend Yield, to predict how Patrick Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Dividend Yield 0.02  0.01 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Patrick Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Patrick Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Patrick Industries Stock. Highlighted below are key reports to facilitate an investment decision about Patrick Industries Stock:
Check out the analysis of Patrick Industries Correlation against competitors.
For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patrick Industries. If investors know Patrick will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patrick Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
2.2
Earnings Share
6.96
Revenue Per Share
168.682
Quarterly Revenue Growth
0.062
The market value of Patrick Industries is measured differently than its book value, which is the value of Patrick that is recorded on the company's balance sheet. Investors also form their own opinion of Patrick Industries' value that differs from its market value or its book value, called intrinsic value, which is Patrick Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patrick Industries' market value can be influenced by many factors that don't directly affect Patrick Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Patrick Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patrick Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patrick Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.