Business Context and Reporting Period
Company: Patrick Industries, Inc. (PATK)
Filing Type: Form 8-K (Current Report)
Date of Report: November 19, 2025
Event: Authorization of an increase in the quarterly cash dividend.
Key Financial Metrics
This filing does not contain comprehensive financial statements, revenue, profit, cash flow, margin, debt, or liquidity metrics. The report focuses exclusively on a corporate action regarding shareholder distributions.
Material Changes
- Dividend Increase: The Board of Directors authorized an increase in the quarterly cash dividend from $0.40 per share to $0.47 per share.
- Percentage Change: This represents a 17.5% increase in the quarterly dividend amount.
Outlook and Management Commentary
The filing incorporates a press release (Exhibit 99.1) announcing the dividend increase. No specific forward-looking guidance, risk factors, or management commentary regarding future operational performance is provided within the text of this 8-K. The dividend is scheduled to be payable on December 15, 2025, to shareholders of record as of December 1, 2025.
Investor Verification Checklist
- Verify the record date of December 1, 2025, to ensure eligibility for the increased dividend.
- Confirm the payment date of December 15, 2025, for cash flow planning.
- Review the attached press release (Exhibit 99.1) for any additional context on the Board's rationale for the increase.
- Check subsequent filings for the impact of this increased payout on the company's cash balance and liquidity.