tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Patrick Industries raises quarterly dividend to 55c from 45c per share

The dividend is payable on December 11 to shareholders of record at the close of business on November 27. “The decision to increase our quarterly dividend reflects our confidence in our solid balance sheet liquidity position, cash flows, and continued commitment to a disciplined capital allocation strategy, all of which will enable us to grow shareholder value over time,” said Andy Nemeth, CEO of Patrick.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on PATK:

Disclaimer & DisclosureReport an Issue

1