ST. PAUL, Minn.--(BUSINESS WIRE)--The Board of Directors of Patterson Companies, Inc. (Nasdaq:PDCO), today declared a quarterly cash dividend of $0.24 per share. The dividend will be payable on, or about, July 29, 2016, to shareholders of record as of the close of business on July 15, 2016.
“We continue to create stronger, long-term growth opportunities and a more efficient operating profile,” said Scott P. Anderson, chairman and chief executive officer. “Our ability to execute on multiple fronts and support dividend payments reflects our commitment to our overall capital allocation strategy and delivering shareholder return.”
About Patterson Companies, Inc.
Patterson Companies, Inc. is a value-added distributor serving the dental and animal health markets.
Patterson's Dental segment 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.
Animal Health Market
Patterson's Animal Health segment is a leading distributor of products, services and technologies to both the production and companion animal health markets in North America and the U.K.