Patterson-UTI Energy Dividends and Buybacks
Dividend criteria checks 2/6
Patterson-UTI Energy is a dividend paying company with a current yield of 3.69%. Next payment date is on 16th December, 2024 with an ex-dividend date of 2nd December, 2024.
Key information
3.7%
Dividend yield
10.2%
Buyback Yield
| Total Shareholder Yield | 13.9% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | 8.6% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 02 Dec 24 |
| Dividend per share | €0.320 |
| Payout ratio | -15% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
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 fallen over the past 10 years.
Dividend Yield vs Market
| Patterson-UTI Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PE1) | 3.7% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Energy Services) | 4.5% |
| Analyst forecast (PE1) (up to 3 years) | 3.7% |
Notable Dividend: PE1's dividend (3.69%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: PE1's dividend (3.69%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: PE1 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.9%), PE1's dividend payments are well covered by cash flows.