Patterson Companies Declares Quarterly Dividend

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.

Contacts:

Patterson Companies, Inc.
Ann B. Gugino, 651-686-1600
Vice President, Planning & Strategy
or
R. Stephen Armstrong, 651-686-1600
Executive Vice President & CFO

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 

Business

Complete coverage of business news in the Twin Cities, Minnesota and elsewhere, including Fortune 500 Minnesota companies: UnitedHealth Group, Target, Best Buy, 3M, CHS, U.S. Bancorp, General Mills, C.H. Robinson, Land O’Lakes, Ecolab, Ameriprise Financial, Xcel Energy, Hormel Foods, Thrivent Financial, Polaris, Securian Financial Group, Fastenal and Patterson Cos.