The Board of Directors of Patterson Companies, Inc. (Nasdaq: PDCO), today declared the quarterly cash dividend of $0.16 per diluted share. The dividend will be payable on October 25, 2013, to shareholders of record on October 11, 2013.
“I am happy to announce our quarterly dividend, as our board continues to express its confidence in the company’s strategic direction and growth initiatives,” said Scott P. Anderson, chairman, president and chief executive officer. “Patterson remains 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 MarketAs 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 MarketPatterson Veterinary is a leading distributor of consumable veterinary supplies, equipment and software, diagnostic products, vaccines and pharmaceuticals to companion-pet veterinary clinics. Rehabilitation MarketPatterson 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.