Patterson Companies's latest quarterly dividend was on Jul 20, 2023 (ex-date) with a payout of $0.26 per share. On an annualized basis, the company has a current payout of $1.04 per share. This brings the dividend yield to 3.5% based on its recent close price.
PDCO has a dividend yield of 3.5% which is higher than the Healthcare sector and the industry average. In comparison with the Healthcare sector average of 1.82%, Patterson Companies's dividend yield is 92% higher. Historically PDCO's dividend yield has averaged at 4.2% in the last 5 years, which is higher than the current one.
Patterson Companies has been paying dividends since 2010. PDCO has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. But with the price of the stock up by 19% from a year ago, the dividend yield has a decrease of 16%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jul 20, 2023 | Aug 4, 2023 | Jun 13, 2023 | $0.26 | normal |
| Apr 20, 2023 | May 5, 2023 | Mar 14, 2023 | $0.26 | normal |
| Jan 19, 2023 | Feb 3, 2023 | Dec 13, 2022 | $0.26 | normal |
| Oct 20, 2022 | Nov 4, 2022 | Sep 13, 2022 | $0.26 | normal |
| Jul 21, 2022 | Aug 5, 2022 | Jun 14, 2022 | $0.26 | normal |
| Apr 21, 2022 | May 6, 2022 | Mar 14, 2022 | $0.26 | normal |
| Jan 20, 2022 | Feb 4, 2022 | Dec 14, 2021 | $0.26 | normal |
| Oct 21, 2021 | Nov 5, 2021 | Sep 14, 2021 | $0.26 | normal |
| Jul 22, 2021 | Aug 6, 2021 | Jun 15, 2021 | $0.26 | normal |
| Apr 15, 2021 | Apr 30, 2021 | Mar 16, 2021 | $0.26 | normal |
| Jan 14, 2021 | Jan 29, 2021 | Dec 16, 2020 | $0.26 | normal |
| Oct 15, 2020 | Oct 30, 2020 | Sep 15, 2020 | $0.26 | normal |
| Jul 16, 2020 | Jul 31, 2020 | Jun 22, 2020 | $0.26 | normal |
| Apr 8, 2020 | Apr 24, 2020 | Mar 16, 2020 | $0.26 | normal |
| Jan 9, 2020 | Jan 24, 2020 | Dec 17, 2019 | $0.26 | normal |
| Oct 10, 2019 | Oct 25, 2019 | Sep 17, 2019 | $0.26 | normal |
| Jul 11, 2019 | Jul 26, 2019 | Jun 11, 2019 | $0.26 | normal |
| Apr 11, 2019 | Apr 26, 2019 | Mar 12, 2019 | $0.26 | normal |
| Jan 10, 2019 | Jan 25, 2019 | Dec 11, 2018 | $0.26 | normal |
| Oct 11, 2018 | Oct 26, 2018 | Sep 18, 2018 | $0.26 | normal |
| Jul 12, 2018 | Jul 27, 2018 | Jun 12, 2018 | $0.26 | normal |
| Apr 12, 2018 | Apr 27, 2018 | Mar 13, 2018 | $0.26 | normal |
| Jan 11, 2018 | Jan 26, 2018 | Dec 12, 2017 | $0.26 | normal |
| Oct 12, 2017 | Oct 27, 2017 | Sep 19, 2017 | $0.26 | normal |
| Jul 12, 2017 | Jul 28, 2017 | Jun 13, 2017 | $0.26 | normal |
| Apr 11, 2017 | Apr 28, 2017 | Mar 14, 2017 | $0.26 | normal |
| Jan 11, 2017 | Jan 27, 2017 | Dec 13, 2016 | $0.24 | normal |
| Oct 12, 2016 | Oct 28, 2016 | Sep 13, 2016 | $0.24 | normal |
| Jul 13, 2016 | Jul 29, 2016 | Jun 14, 2016 | $0.24 | normal |
| Apr 13, 2016 | Apr 29, 2016 | Mar 15, 2016 | $0.24 | normal |
PDCO has a payout ratio of 47.1% which is higher than the Healthcare sector average. If we compare it with the Healthcare sector average of 39.8%, Patterson Companies's payout ratio is 18% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PDCO Patterson Companies Inc | 3.52% | $1.04 | 47.1% |
| CAH Cardinal Health Inc | 2.26% | $1.99 | 198.8% |
| MCK Mckesson Corp | 0.5% | $2.24 | 8.3% |
| OMI Owens & Minor Inc | N/A | N/A | N/A |
Yes, Patterson Companies has been paying dividends for the last 14 years.
PDCO has announced its next dividend with ex-date Oct 19, 2023.
Patterson Companies's last regular dividend was on Jul 20, 2023 (ex-date) with the amount of $0.26 per share.
On an annual basis PDCO pays $1.04 per share.
Patterson Companies's current dividend yield is 3.5%.
Patterson Companies pays dividends quarterly.
Patterson Companies's dividend payout ratio is 47.1%.
Patterson Companies's dividend yield is higher than the Healthcare sector average.