Analyzing NASDAQ:PDCO's Dividend Potential.

Unearth the potential of PATTERSON COS INC (NASDAQ:PDCO) as a dividend stock recommended by our stock screening tool. NASDAQ:PDCO maintains a robust financial footing and delivers a sustainable dividend. We'll delve into the details below.

Deciphering NASDAQ:PDCO's Dividend Rating

To gauge a stock's dividend quality, ChartMill utilizes a Dividend Rating ranging from 0 to 10. This comprehensive assessment considers various dividend aspects, including yield, history, growth, and sustainability. NASDAQ:PDCO has achieved a 7 out of 10:

• Compared to an average industry Dividend Yield of 2.60, PDCO pays a better dividend. On top of this PDCO pays more dividend than 94.74% of the companies listed in the same industry.
• PDCO's Dividend Yield is a higher than the S&P500 average which is at 2.70.
• PDCO has paid a dividend for at least 10 years, which is a reliable track record.
• As PDCO did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
• PDCO's earnings are growing more than its dividend. This makes the dividend growth sustainable.

Understanding NASDAQ:PDCO's Health

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NASDAQ:PDCO scores a 5 out of 10:

• An Altman-Z score of 4.31 indicates that PDCO is not in any danger for bankruptcy at the moment.
• PDCO has a better Altman-Z score (4.31) than 82.46% of its industry peers.
• A Debt/Equity ratio of 0.47 indicates that PDCO is not too dependend on debt financing.
• With a decent Debt to Equity ratio value of 0.47, PDCO is doing good in the industry, outperforming 60.53% of the companies in the same industry.
• The Current ratio of PDCO (1.63) is better than 64.04% of its industry peers.

Looking at the Profitability

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NASDAQ:PDCO has achieved a 6:

• PDCO has a better Return On Assets (7.43%) than 88.60% of its industry peers.
• PDCO has a Return On Equity of 19.29%. This is amongst the best in the industry. PDCO outperforms 85.09% of its industry peers.
• The Return On Invested Capital of PDCO (11.36%) is better than 90.35% of its industry peers.
• The 3 year average ROIC (10.43%) for PDCO is below the current ROIC(11.36%), indicating increased profibility in the last year.
• Looking at the Profit Margin, with a value of 3.28%, PDCO is in the better half of the industry, outperforming 73.68% of the companies in the same industry.
• With a decent Operating Margin value of 4.28%, PDCO is doing good in the industry, outperforming 60.53% of the companies in the same industry.

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Our latest full fundamental report of PDCO contains the most current fundamental analsysis.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.