Patterson-UTI Energy, Inc. (PTEN) Dividends

Patterson-UTI Energy, Inc. (PTEN): $15.39

0.12 (+0.79%)

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
1.04%
PTEN Annual Dividend
$0.16
PTEN Payout Ratio

PTEN Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$15.39$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

Ex-Dividend Date Type Payout Amount Change
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