Patterson-UTI Energy, Inc. (PTEN) Dividends

Patterson-UTI Energy, Inc. (PTEN): $11.94

0.11 (-0.91%)

POWR Rating

Component Grades

Momentum

B

Stability

D

Sentiment

Quality

C

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Industry: Energy - Drilling

Industry

F

Ranked

#9 of 15

in industry

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
2.70%
PTEN Annual Dividend
$0.32
PTEN Payout Ratio

PTEN Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$11.94$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

Ex-Dividend Date Type Payout Amount Change
2024-02-29Dividend$0.08--
2023-11-30Dividend$0.08--
2023-09-06Dividend$0.08--
2023-05-31Dividend$0.08--
2023-03-01Dividend$0.08--
2022-11-30Dividend$0.08+100.00%
2022-08-31Dividend$0.04--
2022-06-01Dividend$0.04--
2022-03-02Dividend$0.04+100.00%
2021-12-01Dividend$0.02--
2021-09-01Dividend$0.02--
2021-06-02Dividend$0.02--
2021-03-03Dividend$0.02--
2020-12-02Dividend$0.02--
2020-09-02Dividend$0.02--
2020-06-03Dividend$0.02-50.00%
2020-03-04Dividend$0.04--
2019-12-04Dividend$0.04--
2019-09-04Dividend$0.04--
2019-06-05Dividend$0.04--
2019-03-06Dividend$0.04--
2018-12-06Dividend$0.04--
2018-09-05Dividend$0.04--
2018-06-06Dividend$0.04+100.00%
2018-03-07Dividend$0.02--
2017-12-06Dividend$0.02--
2017-09-06Dividend$0.02--
2017-06-06Dividend$0.02--
2017-03-06Dividend$0.02--
2016-12-06Dividend$0.02--
2016-09-06Dividend$0.02--
2016-06-07Dividend$0.02-80.00%
2016-03-08Dividend$0.10--
2015-12-08Dividend$0.10--
2015-09-08Dividend$0.10--
2015-06-08Dividend$0.10--
2015-03-09Dividend$0.10--
2014-12-08Dividend$0.10--
2014-09-08Dividend$0.10--
2014-06-10Dividend$0.10--
2014-03-10Dividend$0.10+100.00%
2013-12-13Dividend$0.05--
2013-09-12Dividend$0.05--
2013-06-12Dividend$0.05--
2013-03-13Dividend$0.05--
2012-12-12Dividend$0.05--
2012-09-12Dividend$0.05--
2012-06-13Dividend$0.05--
2012-03-13Dividend$0.05--
2011-12-13Dividend$0.05--
2011-09-13Dividend$0.05--
2011-06-13Dividend$0.05--
2011-03-11Dividend$0.05--
2010-12-13Dividend$0.05--
2010-09-13Dividend$0.05--
2010-06-11Dividend$0.05--
2010-03-11Dividend$0.05--
2009-12-11Dividend$0.05--
2009-09-11Dividend$0.05--
2009-06-11Dividend$0.05--
2009-03-10Dividend$0.05-68.75%
2008-12-10Dividend$0.16--
2008-09-10Dividend$0.16--
2008-06-10Dividend$0.16+33.33%
2008-03-10Dividend$0.12--
2007-12-10Dividend$0.12--
2007-09-10Dividend$0.12--
2007-06-12Dividend$0.12+50.00%
2007-03-13Dividend$0.08--
2006-12-12Dividend$0.08--
2006-09-12Dividend$0.08--
2006-06-13Dividend$0.08+100.00%
2006-03-13Dividend$0.04--
2005-11-10Dividend$0.04--
2005-08-12Dividend$0.04--
2005-05-12Dividend$0.04--
2005-02-24Dividend$0.04+100.00%
2004-11-10Dividend$0.02--
2004-08-12Dividend$0.02--
2004-07-01Split2-1-for-1 Stock SplitN/A
2004-05-13Dividend$0.04--
1998-01-26Split
1997-07-28Split


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