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: |
| $10.81 | $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 Chart
PTEN Dividend History
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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