ST. PAUL, Minn.--(BUSINESS WIRE)--The Board of Directors of Patterson Companies, Inc. (Nasdaq:PDCO), today declared a quarterly cash dividend of $0.22 per share. The dividend will be payable on, or about, January 22, 2016, to shareholders of record as of the close of business on January 8, 2016.
“We continue to diligently execute on our capital allocation strategy,” said Scott P. Anderson, chairman and chief executive officer. “Our combined approach of business investments, dividends and share repurchases illustrates the board’s confidence in the future of Patterson.”
About Patterson Companies, Inc.
Patterson Companies, Inc. is
a value-added distributor serving the dental and animal health markets.
Dental
Market
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.
Animal Health Market
Patterson
Animal Health, formerly Patterson Veterinary, is a leading, full-line
distributor in North America and the U.K. of animal health products,
services and technologies to both the production-animal and
companion-pet markets.