Patterson-UTI Energy Dividend
Dividend criteria checks 4/6
Patterson-UTI Energy is a dividend paying company with a current yield of 2.84% that is well covered by earnings.
Key information
2.8%
Dividend yield
36%
Payout ratio
Industry average yield | 3.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.61 |
Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PE1's dividend payments have been volatile in the past 10 years.
Growing Dividend: PE1's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Patterson-UTI Energy Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (PE1) | 2.8% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Energy Services) | 3.7% |
Analyst forecast in 3 Years (PE1) | 3.7% |
Notable Dividend: PE1's dividend (2.84%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: PE1's dividend (2.84%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.3%), PE1's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.1%), PE1's dividend payments are well covered by cash flows.