ST. PAUL, Minn.--(BUSINESS WIRE)--The Board of Directors of Patterson Companies, Inc. (Nasdaq:PDCO), today declared a quarterly cash dividend of $0.22 per share. The dividend will be payable on, or about, January 22, 2016, to shareholders of record as of the close of business on January 8, 2016.
"We continue to diligently execute on our capital allocation strategy," said Scott P. Anderson, chairman and chief executive officer. "Our combined approach of business investments, dividends and share repurchases illustrates the board's confidence in the future of Patterson."
About Patterson Companies, Inc.
Patterson Companies, Inc. is a value-added distributor serving the dental and animal health markets.
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.
Animal Health Market
Patterson Animal Health, formerly Patterson Veterinary, is a leading, full-line distributor in North America and the U.K. of animal health products, services and technologies to both the production-animal and companion-pet markets.
Patterson Companies, Inc.
John M. Wright, 651-686-1364
Vice President, Investor Relations
Ann B. Gugino, 651-686-1600
Executive Vice President & CFO