Patterson-UTI Energy, Inc. (PTEN) Dividends

Patterson-UTI Energy, Inc. (PTEN): $9.46

-0.34 (-3.47%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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 Ex-Dividend Date
PTEN Dividend Yield
0.82%
PTEN Annual Dividend
$0.08
PTEN Payout Ratio

PTEN Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$9.46$1.11 -88.83%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Patterson Uti Energy Inc, the DDM model generated by StockNews estimates a return of negative 88.83% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Patterson Uti Energy Inc are:

  • A stock's beta generally indicates its volatility relative to the broader equity market; for Patterson Uti Energy Inc, its beta is lower than 3.6% of dividend issuing stocks we observed.
  • In terms of who is growing the amount of dividends they return to shareholders, Patterson Uti Energy Inc has been increasing its dividends at a faster rate than 5.04% of US-listed dividend-issuing stocks we observed.

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