Patrick Industries Raises Dividend and Renews $200 Million Buyback
Patrick Industries announced on November 13, 2026 that its board had increased the quarterly common-stock dividend to $0.52 per share from $0.47 and replenished its share-repurchase authorization to $200 million. The announcement pairs a higher cash payout with additional repurchase capacity that cannot currently be used because of covenants in Patrick’s pending all-stock merger with LCI Industries . The board approved the dividend increase on November 11, 2026. The new rate is approximately…