Patrick Industries ( (PATK) ) has shared an announcement.
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Patrick Industries, Inc. has announced an increase in its quarterly cash dividend to $0.60 per share and expanded its stock repurchase program to $200 million, reflecting confidence in its long-term growth and cash flow capabilities. The company’s strategic focus on capital allocation and shareholder value aims to drive profitable growth in its Outdoor Enthusiast and Housing markets.
For an in-depth examination of PATK stock, go to TipRanks’ Stock Analysis page.