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: |
| $6.09 | $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
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Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2025-03-03 | Dividend | $0.08 | -- |
| 2024-12-02 | Dividend | $0.08 | -- |
| 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% |
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