# Patrick Industries’ Merger Terms Cap 2026 Quarterly Dividends at $0.47 Per Share

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/56733
Published: 2026-11-13T13:58:37.000Z
Updated: 2026-11-13T13:58:37.000Z
Section: Business

> A higher quarterly payout through Dec. 1 requires prior written consent from LCI Industries while the merger agreement remains in effect.

Patrick Industries’ merger agreement with LCI Industries permits quarterly dividends of up to $0.47 per share in 2026, with payment timing consistent with past practice. Any increase above that amount through Dec. 1 requires LCI’s prior written consent while the agreement remains in effect.

Patrick’s board declared a $0.47-per-share dividend Aug. 13. Payment was scheduled for Sept. 8 to shareholders of record Aug. 24.

The company supplies components to the recreational vehicle, marine, powersports and housing markets.