Patterson Companies Stock

Patterson Companies Dividend 2024

Patterson Companies Dividend

0.78 USD

Patterson Companies Dividend yield

3.77 %

Ticker

PDCO

ISIN

US7033951036

WKN

A0B6VB

How much dividend does Patterson Companies 2024 pay?

According to the latest status from September 2024, Patterson Companies paid a total of 0.78 USD per share in dividends within the last 12 months. With the current Patterson Companies price of 20.7 USD, this corresponds to a dividend yield of 3.77 %. A dividend is paid 4 times per year.

3.77 % Dividend Yield=
0.78 USD Dividend
20.7 USD Stock Price

Historical Patterson Companies Dividends

A dividend is paid 4 times per year. Last year, the payout months were February, May, August and November.

PaydateDividend
8/19/20240.26
5/18/20240.26
2/18/20240.26
11/19/20230.26
8/20/20230.26
5/20/20230.26
2/19/20230.26
11/20/20220.26
8/21/20220.26
5/21/20220.26
2/20/20220.26
11/21/20210.26
8/22/20210.26
5/15/20210.26
2/14/20210.26
11/15/20200.26
8/16/20200.26
5/8/20200.26
2/9/20200.26
11/10/20190.26
1
2
3

Patterson Companies dividend history and estimates

In 2023, Patterson Companies paid a dividend amounting to 1.04 USD. Dividend means that Patterson Companies distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Patterson Companies provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Patterson Companies’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Patterson Companies's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Patterson Companies Dividend History

DatePatterson Companies Dividend
2028e0.83 undefined
2027e0.83 undefined
2026e0.83 undefined
2025e0.83 undefined
20240.78 undefined
20231.04 undefined
20221.04 undefined
20211.04 undefined
20201.04 undefined
20191.04 undefined
20181.04 undefined
20171.28 undefined
20160.94 undefined
20150.86 undefined
20140.76 undefined
20130.64 undefined
20120.68 undefined
20110.46 undefined
20100.3 undefined

Is the Patterson Companies Dividend Safe?

Patterson Companies has been increasing the dividend for 1 years.

Over the past 10 years, Patterson Companies has increased it by an annual 0.26 %.

Over a five-year period, the distribution increased by -5.591%.

Analysts expect a Dividend Increase of 3.454% for the current fiscal year.

Patterson Companies dividend payout ratio

In 2023, Patterson Companies had a payout ratio of 77.31%. The payout ratio indicates the percentage of the company's profits that Patterson Companies distributes as dividends.
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Payout ratio
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Patterson Companies represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Patterson Companies could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Patterson Companies's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Patterson Companies Payout Ratio History

DatePatterson Companies Payout ratio
2028e65.99 %
2027e65.53 %
2026e68.47 %
2025e63.98 %
202464.13 %
202377.31 %
202250.49 %
202164.6 %
2020-16.64 %
2019116.85 %
201848.37 %
201771.91 %
201649.47 %
201538.57 %
201438.58 %
201331.53 %
201235.42 %
201124.34 %
201016.85 %
200977.31 %
200877.31 %
200777.31 %
200677.31 %
200577.31 %

Dividend Details

Understanding Patterson Companies's Dividend Distributions

Patterson Companies’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Patterson Companies's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Patterson Companies's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Patterson Companies’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Patterson Companies Aktienanalyse

What does Patterson Companies do?

Patterson Companies Inc is a US company specializing in the distribution of products and services for the veterinary and dental sectors. The company's history dates back to 1877, when James Patterson Sr. founded a shipping company, which later became a major player in the logistics industry. The Patterson family also ventured into the timber industry by acquiring land in northern Minnesota, gaining increasing importance in the state's economy. After World War II, the company had to adapt as the demand for timber declined. The company's president at the time, James Patterson Jr., decided to focus on products and services for the veterinary market. In 1953, Patterson Dental Company was established, which grew to become one of the largest dental product distributors in the US in the following years. In the 1980s, the company expanded its portfolio to include the distribution of veterinary products and services. In 1986, Patterson Veterinary Supply was founded, which remains an important part of the company today. Later, Patterson Medical was established, specializing in the distribution of medical supplies and equipment. Patterson Companies Inc's business model is based on providing products and services for dental and veterinary practices. This includes not only selling products, but also supporting customers in optimizing their business processes. The company offers training and consulting services to help customers run their practices more successfully. In the dental products sector, Patterson offers a wide range of products, from dental chairs and instruments to materials used in dentistry. This includes dental prosthetics, disinfectants, and computer software. In the veterinary products sector, the company offers laboratory diagnostics, as well as animal feed and supplements. Similar to the dental sector, Patterson provides comprehensive services, including training and education. Patterson Medical focuses on rehabilitation products and mobility aids, such as wheelchairs, walking aids, and rehabilitation devices. They also offer a range of services to help customers optimize their business processes. Overall, Patterson Companies Inc employs around 7,000 employees and operates in the US, Canada, and the UK. The company has been listed on the Nasdaq stock exchange since 1984 and is currently one of the largest distributors of dental and veterinary products in North America. In conclusion, Patterson Companies Inc is a company specializing in the distribution of products and services for the veterinary and dental sectors. Their business model revolves around not only selling products, but also supporting customers in improving their business processes. They operate in various sectors, including dental products, veterinary products, and rehabilitation and mobility aids. Patterson Companies is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Patterson Companies stock

How much dividend does Patterson Companies pay?

Over the past 12 months, Patterson Companies paid a dividend of 0.78 USD . This corresponds to a dividend yield of about 3.77 %. For the coming 12 months, Patterson Companies is expected to pay a dividend of 0.83 USD.

What is the dividend yield of Patterson Companies?

The current dividend yield of Patterson Companies is 3.77 %.

When does Patterson Companies pay dividends?

Patterson Companies pays a quarterly dividend. This is distributed in the months of November, February, May, August.

How secure is the dividend of Patterson Companies?

Patterson Companies paid dividends every year for the past 19 years.

What is the dividend of Patterson Companies?

For the upcoming 12 months, dividends amounting to 0.83 USD are expected. This corresponds to a dividend yield of 4.03 %.

In which sector is Patterson Companies located?

Patterson Companies is assigned to the 'Health' sector.

Wann musste ich die Aktien von Patterson Companies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Patterson Companies from 8/2/2024 amounting to 0.26 USD, you needed to have the stock in your portfolio before the ex-date on 7/19/2024.

When did Patterson Companies pay the last dividend?

The last dividend was paid out on 8/2/2024.

What was the dividend of Patterson Companies in the year 2023?

In the year 2023, Patterson Companies distributed 1.04 USD as dividends.

In which currency does Patterson Companies pay out the dividend?

The dividends of Patterson Companies are distributed in USD.

Andere Kennzahlen von Patterson Companies

Our stock analysis for Patterson Companies Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Patterson Companies Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.