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Patterson Companies, Inc.
PDCO announced that its board of directors
approved an increase in the quarterly cash dividend from $0.12 per diluted
share to $0.14 per share, bringing the annual dividend rate to $0.56 per
share. The dividend is payable on April 27, 2012 to shareholders of record at
the close of business on April 11, 2012.
Scott P. Anderson, president and chief executive officer, commented: “While
our first priority remains investing in our businesses, we also are committed
to generating additional value for Patterson's shareholders. Our increased
dividend is a clear expression of that commitment.”
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