Patterson-UTI Energy Stock Dividends
PTEN pays dividends quarterly. Last paid amount was $0.0800 at Mar 15, 2024. As of today, dividend yield (TTM) is 2.61%.
Dividend Yield Range
AI Analysis of PTEN
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.61% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0800 |
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Patterson-UTI Energy has not yet announced its next dividend date. Last payment date was: Mar 15, 2024.
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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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 14, 2024 | Feb 29, 2024 | Mar 15, 2024 | $0.0800 | 0.693% |
| 2 | Nov 07, 2023 | Nov 30, 2023 | Dec 15, 2023 | $0.0800 | 0.723% |
| 3 | Jul 26, 2023 | Sep 06, 2023 | Sep 21, 2023 | $0.0800 | 0.555% |
| 4 | Apr 26, 2023 | May 31, 2023 | Jun 15, 2023 | $0.0800 | 0.641% |
| 5 | Feb 08, 2023 | Mar 01, 2023 | Mar 16, 2023 | $0.0800 | 0.683% |
| 6 | Oct 26, 2022 | Nov 30, 2022 | Dec 15, 2022 | $0.0800 | 0.481% |
| 7 | Jul 28, 2022 | Aug 31, 2022 | Sep 15, 2022 | $0.0400 | 0.273% |
| 8 | Apr 28, 2022 | Jun 01, 2022 | Jun 16, 2022 | $0.0400 | 0.251% |
| 9 | Feb 10, 2022 | Mar 02, 2022 | Mar 17, 2022 | $0.0400 | 0.265% |
| 10 | Oct 28, 2021 | Dec 01, 2021 | Dec 16, 2021 | $0.0200 | 0.242% |
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
Growth potential
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 2.61%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.45%). PTEN’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the US market (11.76%), which means that there are more attractive dividend stocks to consider.
PTEN Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Viper Energy Partners LP | 6.653B | $0.560 | 5.92% | 167.54% | |
| Diamondback | 35.245B | $3.08 | 5.06% | 28.20% | |
| Patterson-UTI Energy | 4.323B | $0.0800 | 2.61% | 40.62% | |
| Arcadium Lithium plc | 5.082B | $1.50 | 0% | - |
