The Patrick Industries Board of Directors announced a quarterly dividend of $0.33 per share. The last day to buy securities to receive the dividend is May 26, 2022. The annual dividend yield may reach 1.76%.
Patrick Industries' GAAP net income for 3 months of 2022 was $112.673 million, up 2.37 times from $47.513 million in the previous year. Revenue increased 57.9% to $1.342 billion from $0.85 billion a year earlier.
The Patrick Industries Board of Directors announced a quarterly dividend of $0.33 per share. The last day to buy securities to receive the dividend is March 3, 2022. The annual dividend yield may reach 1.55%.
Patrick Industries' GAAP net income for 2021 was $224.915 million, up 2.3 times from $97.061 million in the previous year. Revenue increased 64% to $4.078 billion from $2.487 billion a year earlier.
Patrick Industries has completed the acquisition of Williamsburg Marine and Williamsburg Furniture. The first manufactures seating for marine vessels, the second for RVs. The companies had revenues of $41 million for the 12 months ended September 30, 2021. Patrick Industries expects these acquisitions to increase EPS.
The Patrick Industries Board of Directors announced a quarterly dividend of $0.33 per share. The last day to buy securities to receive the dividend is November 25, 2021. The annual dividend yield may reach 1.39%.
Patrick Industries completed its acquisition of Wet Sounds, a manufacturer and distributor of innovative audio systems and accessories. Wet Sounds had revenue of $55 million for the 12 months ended Sept. 30, 2021. Terms of the deal were not disclosed.
Patrick Industries' GAAP net income for 9M 2021 was $163.895 million, up 2.7 times from $59.237 million in the previous year. Revenue increased 71% to $2.931 billion from $1.714 billion a year earlier.
Patrick Industries has completed its acquisition of Tumacs Covers, a manufacturer of boat covers and canvas frames. Tumacs Covers owns manufacturing facilities in Indiana and Pennsylvania, as well as a service center in Michigan. Terms of the deal were not disclosed.
The Patrick Industries Board of Directors announced a quarterly dividend of $0.28 per share. The last day to buy securities to receive the dividend is August 26, 2021. The annual dividend yield may reach 1.37%.
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