Patterson Companies, Inc. engages in distribution of dental and animal health products in the United States, the United Kingdom, and Canada. The company operates through three segments: Dental, Animal Health, and Corporate segments. The Dental segment offers consumable products, including infection control, restorative materials, and instruments; basic and advanced technology and dental equipment; practice optimization solutions, such as practice management software, e-commerce, revenue cycle management, patient engagement solutions, and clinical and patient education systems. It also provides a range of related services comprising software and design services, maintenance and repair, and equipment financing. The Animal Health segment distributes biologicals, pharmaceuticals, vaccines, parasiticides, diagnostics, prescription and non-prescription diets, nutritional's, consumable supplies, equipment, and software, as well as value-added services. This segment also provides private label portfolio of products to veterinarians, producers, and retailers under the Aspen, First Companion, and Patterson Veterinary brands. The Corporate segment offers customer financing services; and sells other miscellaneous products. It serves dentists, laboratories, institutions, other healthcare professionals, veterinarians, other animal health professionals, production animal operators, and animal health product retailers. The company was formerly known as Patterson Dental Company and changed its name to Patterson Companies, Inc. in June 2004. Patterson Companies, Inc. was founded in 1877 and is headquartered in Saint Paul, Minnesota.
Patterson Companies Dividend Announcement
• Patterson Companies announced a quarterly dividend of $0.26 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-18
• Patterson Companies annual dividend for 2024 was $1.04
• Patterson Companies annual dividend for 2023 was $1.04
• Patterson Companies's trailing twelve-month (TTM) dividend yield is 6.18%
• Patterson Companies's payout ratio for the trailing twelve months (TTM) is 57.13%
• Patterson Companies's dividend growth over the last ten years (2013-2023) was 8.04% year
Patterson Companies Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-18 | $0.26 | quarterly | 2024-11-01 |
| 2024-07-19 | $0.26 | quarterly | 2024-08-02 |
| 2024-04-18 | $0.26 | quarterly | 2024-05-03 |
| 2024-01-18 | $0.26 | quarterly | 2024-02-02 |
| 2023-10-19 | $0.26 | quarterly | 2023-11-03 |
| 2023-07-20 | $0.26 | quarterly | 2023-08-04 |
| 2023-04-20 | $0.26 | quarterly | 2023-05-05 |
| 2023-01-19 | $0.26 | quarterly | 2023-02-03 |
| 2022-10-20 | $0.26 | quarterly | 2022-11-04 |
| 2022-07-21 | $0.26 | quarterly | 2022-08-05 |
| 2022-04-21 | $0.26 | quarterly | 2022-05-06 |
| 2022-01-20 | $0.26 | quarterly | 2022-02-04 |
| 2021-10-21 | $0.26 | quarterly | 2021-11-05 |
| 2021-07-22 | $0.26 | quarterly | 2021-08-06 |
| 2021-04-15 | $0.26 | quarterly | 2021-04-30 |
| 2021-01-14 | $0.26 | quarterly | 2021-01-29 |
| 2020-10-15 | $0.26 | quarterly | 2020-10-30 |
| 2020-07-16 | $0.26 | quarterly | 2020-07-31 |
| 2020-04-08 | $0.26 | quarterly | 2020-04-24 |
| 2020-01-09 | $0.26 | quarterly | 2020-01-24 |
| 2019-10-10 | $0.26 | quarterly | 2019-10-25 |
| 2019-07-11 | $0.26 | quarterly | 2019-07-26 |
| 2019-04-11 | $0.26 | quarterly | 2019-04-26 |
| 2019-01-10 | $0.26 | quarterly | 2019-01-25 |
| 2018-10-11 | $0.26 | quarterly | 2018-10-26 |
| 2018-07-12 | $0.26 | quarterly | 2018-07-27 |
| 2018-04-12 | $0.26 | quarterly | 2018-04-27 |
| 2018-01-11 | $0.26 | quarterly | 2018-01-26 |
| 2017-10-12 | $0.26 | quarterly | 2017-10-27 |
| 2017-07-12 | $0.26 | quarterly | 2017-07-28 |
| 2017-04-11 | $0.26 | quarterly | 2017-04-28 |
| 2017-01-11 | $0.24 | quarterly | 2017-01-27 |
| 2016-10-12 | $0.24 | quarterly | 2016-10-28 |
| 2016-07-13 | $0.24 | quarterly | 2016-07-29 |
| 2016-04-13 | $0.24 | quarterly | 2016-04-29 |
| 2016-01-06 | $0.22 | quarterly | 2016-01-22 |
| 2015-10-14 | $0.22 | quarterly | 2015-10-30 |
| 2015-07-15 | $0.22 | quarterly | 2015-07-31 |
| 2015-04-08 | $0.22 | quarterly | 2015-04-24 |
| 2015-01-07 | $0.20 | quarterly | 2015-01-23 |
| 2014-10-08 | $0.20 | quarterly | 2014-10-24 |
| 2014-07-09 | $0.20 | quarterly | 2014-07-25 |
| 2014-04-09 | $0.20 | quarterly | 2014-04-25 |
| 2014-01-08 | $0.16 | quarterly | 2014-01-24 |
| 2013-10-09 | $0.16 | quarterly | 2013-10-25 |
| 2013-07-09 | $0.16 | quarterly | 2013-07-26 |
| 2013-04-10 | $0.16 | quarterly | 2013-04-30 |
Patterson Companies Dividend per year
Patterson Companies Dividend growth
Patterson Companies Dividend Yield
Patterson Companies current trailing twelve-month (TTM) dividend yield is 6.18%. Interested in purchasing Patterson Companies stock? Use our calculator to estimate your expected dividend yield:
Patterson Companies Financial Ratios
P/E ratio11.02
PEG ratio-1.31
P/B ratio1.95
ROE16.93%
Payout ratio57.13%
Current ratio1.30
Quick ratio0.67
Cash Ratio0.11
Patterson Companies Dividend FAQ
How much is the next Patterson Companies dividend?
Patterson Companies's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Patterson Companies dividend. The next Patterson Companies dividend will be released in January, April, July, or October.
When is Patterson Companies dividend paid?
Patterson Companies pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Patterson Companies pay?
The specific amount of Patterson Companies dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Patterson Companies's dividend history.
Does Patterson Companies stock pay dividends?
Yes, Patterson Companies does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Patterson Companies's dividend history.
How much dividend does Patterson Companies pay?
Patterson Companies paid $1.04 in 2024, $1.04 in 2023, $1.04 in 2022, $1.04 in 2021, and $1.04 in 2020.
How often does Patterson Companies pay dividends?
Patterson Companies typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Patterson Companies's dividend yield?
The current dividend yield for Patterson Companies is 6.18%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Patterson Companies's exact dividend yield.
When does Patterson Companies go ex dividend?
Patterson Companies's ex-dividend date for the latest dividend was on 2024-10-18. Patterson Companies typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Patterson Companies dividend paid?
Patterson Companies pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Patterson Companies increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Patterson Companies will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Patterson Companies dividend per share?
Patterson Companies paid $1.04 per share in 2024 and $1.04 per share in 2023. The amount of dividend per share that Patterson Companies pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Patterson Companies a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Patterson Companies a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Patterson Companies a dividend stock?
Yes, Patterson Companies is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Patterson Companies a good dividend stock?
Whether Patterson Companies is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Patterson Companies has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Patterson Companies as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Patterson Companies as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Patterson Companies pay dividends monthly?
Patterson Companies typically pays dividends on a quarterly basis.
Does Patterson Companies pay dividends quarterly?
Patterson Companies currently pays dividends on a quarterly basis.
Has Patterson Companies ever paid a dividend?
Yes, Patterson Companies has a history of paying dividends to its shareholders. Patterson Companies is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Patterson Companies dividend stocks?
To buy Patterson Companies you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Patterson Companies stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Patterson Companies stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Patterson Companies pay dividends 2024?
Patterson Companies pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Patterson Companies increase its dividend in 2024?
Decisions regarding Patterson Companies dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Patterson Companies dividend overview you can look into the above table of dividend history.
How Patterson Companies dividend works?
The Patterson Companies dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Patterson Companies's dividend process works:
1. Determination of Dividend: Patterson Companies's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Patterson Companies publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Patterson Companies distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Patterson Companies are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Patterson Companies's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Patterson Companies publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Patterson Companies distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Patterson Companies are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Patterson Companies dividends paid?
Patterson Companies dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Patterson Companies sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Patterson Companies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Patterson Companies declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Patterson Companies sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Patterson Companies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Patterson Companies declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Patterson Companies pay dividends?
Patterson Companies typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Patterson Companies pay dividends?
The general pattern is that Patterson Companies pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Patterson Companies dividend safe?
The safety of Patterson Companies's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Patterson Companies's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Patterson Companies's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Patterson Companies's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Patterson Companies's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.