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PDCO Patterson Companies dividend history, payout ratio & dates

Patterson Companies's latest quarterly dividend was on Apr 18, 2024 (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 4% based on its recent close price.

Key dates

  • PDCO last dividend date: Apr 18, 2024
  • PDCO next dividend date: Not announced
PDCO dividend stats
DPS
$1.04
Dividend yield
4%
Payout ratio
51%
vs. Healthcare sector
Dividend yield
1.89%
Payout ratio
35.5%

Dividend yield

What is Patterson Companies current dividend yield

PDCO has a dividend yield of 4% which is higher than the Healthcare sector and the industry average. In comparison with the Healthcare sector average of 1.89%, Patterson Companies's dividend yield is 112% higher. Historically PDCO's dividend yield has averaged at 4.0% in the last 5 years, which is in line with the current one.

Dividend history

What is PDCO dividend payout history and dates

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 down by 5% from a year ago, the dividend yield marks an increase of 5%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Apr 18, 2024 May 3, 2024 Mar 11, 2024 $0.26 normal
Jan 18, 2024 Feb 2, 2024 Dec 6, 2023 $0.26 normal
Oct 19, 2023 Nov 3, 2023 Sep 12, 2023 $0.26 normal
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

Patterson Companies dividend payout ratio

What is Patterson Companies dividend payout ratio compared to the sector

Payout ratio

PDCO has a payout ratio of 51% which is higher than the Healthcare sector and the industry average. If we compare it with the Healthcare sector average of 35.5%, Patterson Companies's payout ratio is 44% higher.

Total amount of dividends paid per financial year (from cash flow)

PDCO dividend vs peer dividends

How does PDCO dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PDCO Patterson Companies Inc 4% $1.04 51%
CAH Cardinal Health Inc 1.94% $2 77.9%
MCK Mckesson Corp 0.45% $2.4 10.8%
OMI Owens & Minor Inc N/A N/A N/A

Frequently asked questions

Does Patterson Companies pay a dividend?

Yes, Patterson Companies has been paying dividends for the last 14 years.

When is Patterson Companies's next dividend?

PDCO hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in July 2024.

When was PDCO's last dividend?

Patterson Companies's last regular dividend was on Apr 18, 2024 (ex-date) with the amount of $0.26 per share.

How much dividend does Patterson Companies pay (per share)?

On an annual basis PDCO pays $1.04 per share.

What is Patterson Companies's dividend yield?

Patterson Companies's current dividend yield is 4%.

How often does Patterson Companies pay dividends?

Patterson Companies pays dividends quarterly.

What is Patterson Companies's dividend payout ratio?

Patterson Companies's dividend payout ratio is 51%.

Does Patterson Companies pay a good dividend?

Patterson Companies's dividend yield is higher than the Healthcare sector average.