Patterson Companies Declares Quarterly Dividend

Board of Directors approves 10 percent dividend increase

ST. PAUL, Minn.--(BUSINESS WIRE)-- The Board of Directors of Patterson Companies, Inc. (NASDAQ: PDCO) today declared a 10 percent increase in the regular quarterly cash dividend to $0.22 per share, from the prior quarterly dividend of $0.20 per share. The dividend will be payable on, or about, April 24, 2015, to shareholders of record as of the close of business on April 10, 2015. This marks the fifth consecutive year of annual dividend increases since Patterson Companies initiated dividend payments in March 2010.

“We are pleased to announce our 21st consecutive quarterly cash dividend,” said Scott P. Anderson, chairman and chief executive officer. “The dividend increase this quarter demonstrates our confidence in Patterson's continued ability to generate growing cash returns on our business investments and growth opportunities. Patterson has a strong commitment to delivering long-term value to our shareholders.”

About Patterson Companies, Inc.Patterson Companies, Inc. is a value-added distributor serving the dental, companion-pet veterinarian and rehabilitation supply markets.Dental MarketAs 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 MarketPatterson Veterinary is a leading distributor in the U.S. and U.K. of consumable veterinary supplies, equipment and software, diagnostic products, vaccines and pharmaceuticals predominantly to companion-pet veterinary clinics.Rehabilitation MarketPatterson 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.

Patterson Companies, Inc.
Ann B. Gugino, 651-686-1600
Vice President & CFO

Source: Patterson Companies, Inc.

You May Also Be Interested In

• Adair Evans Law Announces Family Law Advocacy Focus
• Best Memecoin to Buy Now: MemeToro Builds Momentum as Bitcoin ETF Inflows Hit a 4-Month High
• The Building Security Line Item NYC Property Investors Keep Underpricing