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Patterson-UTI Energy (PTEN) Dividend Yield, Date & History

Patterson-UTI Energy logo
$7.54 -0.18 (-2.33%)
(As of 12/16/2024 ET)

Patterson-UTI Energy Dividend Summary

Dividend Yield
4.24%
Annual Dividend
$0.32
Recent
Dividend Payment
Dec. 16
Annualized 3-Year
Dividend Growth
47.36%
Dividend Payout Ratio
-14.61%

Patterson-UTI Energy (PTEN) pays an annual dividend of $0.32 per share, with a dividend yield of 4.24%. The next quarterly payment of $0.08 per share was paid on Monday, December 16, to investors who owned the stock before the ex-dividend date of Monday, December 2. The company currently pays out -14.61% of its earnings and 12.90% of its cash flow as dividends.

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PTEN Dividend Payments by Quarter

The chart below displays up to four years of Patterson-UTI Energy's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

PTEN Dividend Yield Over Time

The chart below tracks Patterson-UTI Energy's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Patterson-UTI Energy vs. The Competition

Compare Patterson-UTI Energy's annual dividend, yield, and 3-year growth rate with averages for Energy and NASDAQ companies to evaluate its performance against the market.

TypePatterson-UTI EnergyEnergy CompaniesNASDAQ Companies
Annual Dividend$0.32$0.01$1.30
Dividend Yield4.24%11.37%4.04%
Annualized 3-Year Dividend Growth47.36%25.09%14.22%

Patterson-UTI Energy Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings-14.61%
Based on This Year's Estimate320.00%
Based on Next Year's Estimate-355.56%
Based on Cashflow12.90%

Patterson-UTI Energy Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/23/2024Quarterly$0.08 - 4.02%12/2/202412/2/202412/16/2024
7/24/2024Quarterly$0.08 - 3.07%9/3/20249/3/20249/16/2024
5/1/2024Quarterly$0.08 - 3.02%6/3/20246/3/20246/17/2024
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2/14/2024Quarterly$0.08 - 2.72%2/29/20243/1/20243/15/2024
11/7/2023Quarterly$0.08 - 2.62%11/30/202312/1/202312/15/2023
7/26/2023Quarterly$0.08 - 2.06%9/6/20239/7/20239/21/2023
4/26/2023Quarterly$0.08 - 2.82%5/31/20236/1/20236/15/2023
2/8/2023Quarterly$0.08 - 2.22%3/1/20233/2/20233/16/2023

This table shows Patterson-UTI Energy's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Patterson-UTI Energy Dividend - Frequently Asked Questions

The current dividend yield for Patterson-UTI Energy is 4.24%. Learn more on PTEN's dividend yield history.

The annual dividend for PTEN shares is $0.32. Learn more on PTEN's annual dividend history.

Patterson-UTI Energy pays quarterly dividends to shareholders.

Patterson-UTI Energy's most recent quarterly dividend payment of $0.08 per share was made to shareholders on Monday, December 16, 2024.

Patterson-UTI Energy's most recent ex-dividend date was Monday, December 2, 2024.

Over the past three years, the company's dividend has grown by an average of 47.36% per year.

The most recent change in the company's dividend was an increase of $0.04 on Wednesday, October 26, 2022.

The dividend payout ratio for PTEN is:
  • -14.61% based on the trailing year of earnings
  • 320.00% based on this year's estimates
  • 12.90% based on cash flow

Patterson-UTI Energy's dividend yield of 4.20% is lower than the average Oils/Energy company that issues a dividend.

Looking at the stock as a whole, market analysts rate Patterson-UTI Energy stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NASDAQ:PTEN) was last updated on 12/17/2024 by MarketBeat.com Staff
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