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

NEW YORK ( TheStreet) -- The ex-dividend date for Patterson Companies (Nasdaq: PDCO) is Monday, April 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $32.79 as of 9:35 a.m. ET, the dividend yield is 1.7%.

The average volume for Patterson Companies has been 874,100 shares per day over the past 30 days. Patterson Companies has a market cap of $3.54 billion and is part of the services sector and wholesale industry. Shares are up 12.8% year to date as of the close of trading on Wednesday.

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 17.8, above the average wholesale industry P/E ratio of 17.3 and above 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 growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Patterson Companies Ratings Report.

See our dividend calendar or top-yielding stocks list.
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