Patrick Industries, Inc.’s Board of Directors on May 25 declared a quarterly cash dividend.
The dividend will be 45 cents per common stock share.
The dividend is payable June 26, 2023, to shareholders of record at the close of business June 12, 2023.
Patrick Industries has about 22.32 million shares outstanding, according to Yahoo Finance. The dividend payment will return $10.044 million to the company’s shareholders.
Founded in 1959, Patrick is based in Elkhart, Indiana, employing 11,000 workers throughout the U.S.