Benzinga | Nov 12, 2021 11:25AM EST

Patrick Industries Hikes Dividend By 17%

* Patrick Industries Inc (NASDAQ:PATK) has announced a 17% increase in its quarterly cash dividend to $0.33 from $0.28 per share.

* The dividend is payable on December 13, 2021, to shareholders of record at the close of business on November 29, 2021.

* The company held $44.8 million in cash and equivalents as of September 30, 2021.

* Price Action: PATK shares traded higher by 0.58% at $81.31 on the last check Friday.