ST. PAUL, Minn.--(BUSINESS WIRE)--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
Market
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.
Veterinary
Market
Patterson Veterinary is a leading distributor of
consumable veterinary supplies, equipment and software, diagnostic
products, vaccines and pharmaceuticals to companion-pet veterinary
clinics.
Rehabilitation Market
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.