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 January 23, 2015, to shareholders of record as of January 9, 2015.
“I am once again happy to announce our quarterly dividend, which demonstrates our board’s confidence in the company’s strategic direction and growth initiatives,” said Scott P. Anderson, chairman and chief executive officer. “This marks Patterson’s 20th consecutive quarterly cash dividend. We remain committed to following a disciplined approach to returning capital to our shareholders and delivering long-term value.”
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.