Patterson Companies (PDCO) will raise its quarterly dividend to $0.26 per share.
The dividend will be payable on or about April 28, 2017, to shareholders of record as of the close of business on April 14, 2017. This increase results in a new annual cash dividend of $1.04 per share and represents Patterson’s seventh consecutive year of increasing its annual dividend rate since the dividend was first implemented in March 2010.
Patterson Companies, Inc. is a distributor serving the dental, veterinary and rehabilitation supply markets.