News Column

Patterson Companies Declares Quarterly Dividend

June 10, 2014

ST. PAUL, Minn.--(BUSINESS WIRE)-- The Board of Directors of Patterson Companies, Inc. (Nasdaq: PDCO), today declared a quarterly cash dividend of $0.20 per share. The dividend will be payable on July 25, 2014, to shareholders of record on July 11, 2014.

“I am pleased to announce Patterson’s 18th consecutive quarterly cash dividend,” said Scott P. Anderson, chairman and chief executive officer. “The dividend underscores our commitment to provide long-term value to our shareholders. Through our capital allocation strategy, we will continue to return cash back to shareholders in the form of dividends and share repurchases.”

About Patterson Companies, Inc.

Patterson Companies, Inc. is a value-added distributor serving the dental, companion-pet veterinarian and rehabilitation supply markets.

Dental Market

As Patterson’s largest business, Patterson Dental provides a virtually complete range of consumable dental products, equipment and software, turnkey digital solutions and value-added services to dentists and dental laboratories throughout North America.

Veterinary Market

Patterson Veterinary is a leading distributor in the U.S. and U.K. of consumable veterinary supplies, equipment and software, diagnostic products, vaccines and pharmaceuticals predominantly to companion-pet veterinary clinics.

Rehabilitation Market

Patterson Medical is the world’s leading distributor of rehabilitation supplies and non-wheelchair assistive patient products to the physical and occupational therapy markets. The unit’s global customer base includes hospitals, long-term care facilities, clinics and dealers.

Patterson Companies, Inc.

Ann B. Gugino, 651-686-1600

Vice President, Planning & Strategy


R. Stephen Armstrong, 651-686-1600

Executive Vice President & CFO

Source: Patterson Companies, Inc.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Business Wire

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters