Patterson-UTI Energy, Inc. (PTEN) Dividends
Dividend Yield and Dividend History Highlights
- In terms of compounded growth rate of annual dividends, PTEN's growth rate has been -0.22% over the past 5.5 years.
- If price volatilty is something you're paying attention to when building your dividend portfolio, know that PTEN has less fluctuation in its price than 2.93% of stocks we're observing.
- As for stocks whose price is uncorrelated with PTEN's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: CSX, NGVC, CVGW, TAK and UFAB.
PTEN Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $7.66 | $2.42 | -84.2% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for PTEN, the DDM model generated by StockNews estimates a return of negative 84.2% in comparison to its current price. Digging deeper, the aspects of Patterson Uti Energy Inc's dividend discount model that we found most interesting were:
- In comparison to other stocks in the Energy sector, Patterson Uti Energy Inc offers a higher dividend yield than just 14.29% of them.
- Regarding its relative worth based on the dividend discount model, Patterson Uti Energy Inc's estimated return of -84.2% surpasses about 9.1% of dividend issuers we applied the dividend discount model to.
- Based on dividend growth rate, PTEN boasts a higher growth rate in terms of its annual cash distributed to its owners than 3.9% of the dividend issuers in our set.
PTEN Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-09-03 | Dividend | $0.08 | -- |
| 2024-06-03 | Dividend | $0.08 | -- |
| 2024-02-29 | Dividend | $0.08 | -- |
| 2023-11-30 | Dividend | $0.08 | -- |
| 2023-09-06 | Dividend | $0.08 | -- |
| 2023-05-31 | Dividend | $0.08 | -- |
| 2023-03-01 | Dividend | $0.08 | -- |
| 2022-11-30 | Dividend | $0.08 | +100.00% |
| 2022-08-31 | Dividend | $0.04 | -- |
| 2022-06-01 | Dividend | $0.04 | -- |
| 2022-03-02 | Dividend | $0.04 | +100.00% |
| 2021-12-01 | Dividend | $0.02 | -- |
| 2021-09-01 | Dividend | $0.02 | -- |
| 2021-06-02 | Dividend | $0.02 | -- |
| 2021-03-03 | Dividend | $0.02 | -- |
| 2020-12-02 | Dividend | $0.02 | -- |
| 2020-09-02 | Dividend | $0.02 | -- |
| 2020-06-03 | Dividend | $0.02 | -50.00% |
| 2020-03-04 | Dividend | $0.04 | -- |
| 2019-12-04 | Dividend | $0.04 | -- |
| 2019-09-04 | Dividend | $0.04 | -- |
| 2019-06-05 | Dividend | $0.04 | -- |
| 2019-03-06 | Dividend | $0.04 | -- |
| 2018-12-06 | Dividend | $0.04 | -- |
| 2018-09-05 | Dividend | $0.04 | -- |
| 2018-06-06 | Dividend | $0.04 | +100.00% |
| 2018-03-07 | Dividend | $0.02 | -- |
| 2017-12-06 | Dividend | $0.02 | -- |
| 2017-09-06 | Dividend | $0.02 | -- |
| 2017-06-06 | Dividend | $0.02 | -- |
| 2017-03-06 | Dividend | $0.02 | -- |
| 2016-12-06 | Dividend | $0.02 | -- |
| 2016-09-06 | Dividend | $0.02 | -- |
| 2016-06-07 | Dividend | $0.02 | -80.00% |
| 2016-03-08 | Dividend | $0.10 | -- |
| 2015-12-08 | Dividend | $0.10 | -- |
| 2015-09-08 | Dividend | $0.10 | -- |
| 2015-06-08 | Dividend | $0.10 | -- |
| 2015-03-09 | Dividend | $0.10 | -- |
| 2014-12-08 | Dividend | $0.10 | -- |
| 2014-09-08 | Dividend | $0.10 | -- |
| 2014-06-10 | Dividend | $0.10 | -- |
| 2014-03-10 | Dividend | $0.10 | +100.00% |
| 2013-12-13 | Dividend | $0.05 | -- |
| 2013-09-12 | Dividend | $0.05 | -- |
| 2013-06-12 | Dividend | $0.05 | -- |
| 2013-03-13 | Dividend | $0.05 | -- |
| 2012-12-12 | Dividend | $0.05 | -- |
| 2012-09-12 | Dividend | $0.05 | -- |
| 2012-06-13 | Dividend | $0.05 | -- |
| 2012-03-13 | Dividend | $0.05 | -- |
| 2011-12-13 | Dividend | $0.05 | -- |
| 2011-09-13 | Dividend | $0.05 | -- |
| 2011-06-13 | Dividend | $0.05 | -- |
| 2011-03-11 | Dividend | $0.05 | -- |
| 2010-12-13 | Dividend | $0.05 | -- |
| 2010-09-13 | Dividend | $0.05 | -- |
| 2010-06-11 | Dividend | $0.05 | -- |
| 2010-03-11 | Dividend | $0.05 | -- |
| 2009-12-11 | Dividend | $0.05 | -- |
| 2009-09-11 | Dividend | $0.05 | -- |
| 2009-06-11 | Dividend | $0.05 | -- |
| 2009-03-10 | Dividend | $0.05 | -68.75% |
| 2008-12-10 | Dividend | $0.16 | -- |
| 2008-09-10 | Dividend | $0.16 | -- |
| 2008-06-10 | Dividend | $0.16 | +33.33% |
| 2008-03-10 | Dividend | $0.12 | -- |
| 2007-12-10 | Dividend | $0.12 | -- |
| 2007-09-10 | Dividend | $0.12 | -- |
| 2007-06-12 | Dividend | $0.12 | +50.00% |
| 2007-03-13 | Dividend | $0.08 | -- |
| 2006-12-12 | Dividend | $0.08 | -- |
| 2006-09-12 | Dividend | $0.08 | -- |
| 2006-06-13 | Dividend | $0.08 | +100.00% |
| 2006-03-13 | Dividend | $0.04 | -- |
| 2005-11-10 | Dividend | $0.04 | -- |
| 2005-08-12 | Dividend | $0.04 | -- |
| 2005-05-12 | Dividend | $0.04 | -- |
| 2005-02-24 | Dividend | $0.04 | +100.00% |
| 2004-11-10 | Dividend | $0.02 | -- |
| 2004-08-12 | Dividend | $0.02 | -- |
| 2004-07-01 | Split | 2-1-for-1 Stock Split | N/A |
| 2004-05-13 | Dividend | $0.04 | -- |
| 1998-01-26 | Split | ||
| 1997-07-28 | Split |
PTEN Dividends vs. Peers
PTEN's dividend yield currently ranks #7 of 29 vs. its peers in the Energy - Drilling category.
Looking for More Information on PTEN dividends?
Want to do more research on Patterson Uti Energy Inc's dividends? Try the links below:Patterson Uti Energy Inc Common Stock (PTEN) Dividend History | Nasdaq
Dividend History for Patterson Uti Energy Inc (PTEN) - Dividend Investor
Patterson Uti Energy Inc (PTEN) Dividend History - Seeking Alpha