Patterson Companies Stock To Go Ex-dividend Monday (PDCO)

NEW YORK ( TheStreet) -- The ex-dividend date for Patterson Companies (Nasdaq: PDCO) is Monday, January 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $29.39 as of 9:30 a.m. ET, the dividend yield is 1.6%.

The average volume for Patterson Companies has been 908,700 shares per day over the past 30 days. Patterson Companies has a market cap of $3.27 billion and is part of the services sector and wholesale industry. Shares are down 0.6% year to date as of the close of trading on Thursday.

Patterson Companies, Inc. operates as a distributor serving the dental, companion-pet veterinarian, and rehabilitation supply markets in North America. The company has a P/E ratio of 16, above the average wholesale industry P/E ratio of 15.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Patterson Companies as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Patterson Companies Ratings Report.

See our dividend calendar or top-yielding stocks list.

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