Patterson Companies Inc

NASDAQ PDCO

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Patterson Companies Inc Dividend Coverage Ratio 5 year CAGR for the quarter ending January 31, 2024: 8.90%

Patterson Companies Inc Dividend Coverage Ratio 5 year CAGR is 8.90% for the quarter ending January 31, 2024, a 165.90% change year over year. The dividend coverage ratio measures a company's ability to cover its dividend payments with its net income. It is calculated by dividing net income by dividends paid. This ratio indicates the proportion of net income that is allocated to paying dividends. A ratio greater than 1 suggests sufficient income to cover dividend payments, while a ratio less than 1 indicates a potential shortfall. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Patterson Companies Inc Dividend Coverage Ratio for the quarter ending January 31, 2023 was 2.14, a -4.96% change year over year.
  • Patterson Companies Inc Dividend Coverage Ratio for the quarter ending January 31, 2022 was 2.25, a 15.66% change year over year.
  • Patterson Companies Inc Dividend Coverage Ratio for the quarter ending January 31, 2021 was 1.95, a 109.51% change year over year.
  • Patterson Companies Inc Dividend Coverage Ratio for the quarter ending January 31, 2020 was 0.93, a -26.41% change year over year.
NASDAQ: PDCO

Patterson Companies Inc

CEO Mr. Donald J. Zurbay
IPO Date Oct. 28, 1992
Location United States
Headquarters 1031 Mendota Heights Road, Saint Paul, MN, United States, 55120
Employees 7,600
Sector Healthcare
Industry Medical distribution
Description

Patterson Companies, Inc. engages in the 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.

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StockViz Staff

September 19, 2024

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