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 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.
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.
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.
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 & CFO