Patterson-UTI Energy Dividends and Buybacks
Dividend criteria checks 2/6
Patterson-UTI Energy is a dividend paying company with a current yield of 3.94%. Next payment date is on 16th December, 2024 with an ex-dividend date of 2nd December, 2024.
Key information
3.9%
Dividend yield
11.0%
Buyback Yield
| Total Shareholder Yield | 14.9% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | 8.7% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 02 Dec 24 |
| Dividend per share | US$0.320 |
| Payout ratio | -15% |
Recent dividend and buyback updates
Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be $0.08
Oct 29
Patterson-UTI Energy (NASDAQ:PTEN) Will Pay A Dividend Of $0.08
Aug 21Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be $0.08
May 23Recent updates
Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be $0.08
Oct 29Patterson-UTI: Prioritizing Free Cash Flow And Shareholder Returns
Oct 28Is Patterson-UTI Energy (NASDAQ:PTEN) A Risky Investment?
Oct 15With Patterson-UTI Energy, Inc. (NASDAQ:PTEN) It Looks Like You'll Get What You Pay For
Sep 18Patterson-UTI Energy (NASDAQ:PTEN) Will Pay A Dividend Of $0.08
Aug 21Patterson-UTI: If We Don't Get Recession Soon, Oil/Gas Could Soar
Aug 09Patterson-UTI Energy, Inc. Just Missed EPS By 59%: Here's What Analysts Think Will Happen Next
Aug 01Does Patterson-UTI Energy (NASDAQ:PTEN) Have A Healthy Balance Sheet?
Jun 22Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be $0.08
May 23Patterson-UTI: The Worm Has Turned In Gas
May 22Patterson-UTI Energy (NASDAQ:PTEN) Will Pay A Dividend Of $0.08
May 07Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
May 03Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) Business Is Trailing The Market But Its Shares Aren't
Apr 25Are 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 05Upcoming Dividend Payment
Stability 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 fallen over the past 10 years.
Dividend Yield vs Market
| Patterson-UTI Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PTEN) | 3.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Energy Services) | 2.3% |
| Analyst forecast (PTEN) (up to 3 years) | 3.9% |
Notable Dividend: PTEN's dividend (3.94%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: PTEN's dividend (3.94%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: PTEN is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.9%), PTEN's dividend payments are well covered by cash flows.