Patterson-UTI Energy Stock Dividends Overview

PTEN pays dividends quarterly. Last paid amount was $0.0800 at Jun 17, 2024. As of today, dividend yield (TTM) is 2.78%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 2.78%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.0800
Patterson-UTI Energy has not yet announced its next dividend date. Last payment date was: Jun 17, 2024.

PTEN Dividend Payout History

To ensure a understanding of PTEN's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 01, 2024 Jun 03, 2024 Jun 17, 2024 $0.0800 0.81%
2 Feb 14, 2024 Feb 29, 2024 Mar 15, 2024 $0.0800 0.693%
3 Nov 07, 2023 Nov 30, 2023 Dec 15, 2023 $0.0800 0.723%
4 Jul 26, 2023 Sep 06, 2023 Sep 21, 2023 $0.0800 0.555%
5 Apr 26, 2023 May 31, 2023 Jun 15, 2023 $0.0800 0.641%
6 Feb 08, 2023 Mar 01, 2023 Mar 16, 2023 $0.0800 0.683%
7 Oct 26, 2022 Nov 30, 2022 Dec 15, 2022 $0.0800 0.481%
8 Jul 28, 2022 Aug 31, 2022 Sep 15, 2022 $0.0400 0.273%
9 Apr 28, 2022 Jun 01, 2022 Jun 16, 2022 $0.0400 0.251%
10 Feb 10, 2022 Mar 02, 2022 Mar 17, 2022 $0.0400 0.265%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

low (28.42%)

Growth potential

Stable (19.84%)

PTEN Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from PTEN dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in PTEN stock here.

Comparing PTEN to Sector and Country

PTEN pays a solid dividend yield of 2.78%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.68%). PTEN’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the US market (12.46%), which means that there are more attractive dividend stocks to consider.

PTEN Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
Viper Energy Partners LP 7.575B $0.590 6.27% 167.54%
Diamondback 35.376B $1.97 5.44% 45.33%
Patterson-UTI Energy 4.105B $0.0800 2.78% 58.46%
Arcadium Lithium plc 3.806B $1.50 0% -

FAQ

What factors can affect the amount of PTEN's dividend payments?
The amount of PTEN's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in PTEN sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from PTEN stock be automatically reinvested?
If PTEN offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy PTEN stock.

How often does PTEN pay dividend?
Patterson-UTI Energy (PTEN) pays dividends quarterly. The most recent payout was on Jun 17, 2024.

How much does PTEN pays per share?
The last recorder (Jun 03, 2024) dividend per share was $0.0800.

What is PTEN dividend growth rate?
Over the last year, Patterson-UTI Energy has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 58.74%. Furthermore, examining the past 5 years, Patterson-UTI Energy has maintained an average Dividends Per Share Growth Rate of 14.87%.
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About Patterson-UTI Energy

Patterson-UTI Energy Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East... PTEN Profile

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