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: |
| $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.
PTEN Dividend Chart
PTEN Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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PTEN Dividends vs. Peers
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