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 | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.61 |
| Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Recent updates
Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) Business Is Trailing The Market But Its Shares Aren't
Apr 25
Are Investors Undervaluing Patterson-UTI Energy, Inc. (NASDAQ:PTEN) By 42%?
Mar 08Patterson-UTI Grows With NexTier Merger
Jan 15Investors Continue Waiting On Sidelines For Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Jan 03Here's Why Patterson-UTI Energy (NASDAQ:PTEN) Can Manage Its Debt Responsibly
Dec 13Additional Considerations Required While Assessing Patterson-UTI Energy's (NASDAQ:PTEN) Strong Earnings
Nov 16Are Investors Undervaluing Patterson-UTI Energy, Inc. (NASDAQ:PTEN) By 40%?
Nov 05Growth Investors: Industry Analysts Just Upgraded Their Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Revenue Forecasts By 36%
Sep 08These 4 Measures Indicate That Patterson-UTI Energy (NASDAQ:PTEN) Is Using Debt Reasonably Well
Aug 22An Intrinsic Calculation For Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Suggests It's 27% Undervalued
Aug 01Is Patterson-UTI Energy (NASDAQ:PTEN) Using Too Much Debt?
May 05Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be Increased To $0.08
Nov 20Patterson-UTI Energy (NASDAQ:PTEN) Has Announced That It Will Be Increasing Its Dividend To $0.08
Nov 03Patterson-UTI Energy Is Likely To Greatly Benefit From OPEC's Decision But It Remains Risky
Oct 10Calculating The Intrinsic Value Of Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Oct 10We Think Patterson-UTI Energy (NASDAQ:PTEN) Has A Fair Chunk Of Debt
Sep 19Patterson-UTI Energy goes ex-dividend tomorrow
Aug 30Patterson-UTI Energy Q2 2022 Earnings Preview
Jul 27A Look At The Fair Value Of Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Jul 09Would Patterson-UTI Energy (NASDAQ:PTEN) Be Better Off With Less Debt?
May 18Is There An Opportunity With Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) 35% Undervaluation?
Mar 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PTEN's dividend payments have been volatile in the past 10 years.
Growing Dividend: PTEN'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 (PTEN) | 2.8% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Energy Services) | 2.1% |
| Analyst forecast in 3 Years (PTEN) | 3.7% |
Notable Dividend: PTEN's dividend (2.84%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: PTEN's dividend (2.84%) is low compared to the top 25% of dividend payers in the US market (4.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.3%), PTEN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.1%), PTEN's dividend payments are well covered by cash flows.