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PTEN Patterson Uti Energy dividend history, payout ratio & dates

Patterson Uti Energy's last quarterly dividend was on Feb 29, 2024 (ex-date) with a distribution of $0.08 per share. At an annualized rate of $0.32 per share, the stock yields 2.76%.

Key dates

  • PTEN last dividend date: Feb 29, 2024
  • PTEN next dividend date: Jun 3, 2024
PTEN dividend stats
DPS
$0.32
Dividend yield
2.78%
Payout ratio
50.8%
vs. Energy sector
Dividend yield
3.56%
Payout ratio
49.4%

Dividend yield

What is Patterson Uti Energy current dividend yield

Patterson Uti Energy's dividend yield of 2.76% is lower than the Energy sector average. If we compare it with the Energy sector average of 3.56%, Patterson Uti Energy's dividend yield is 22% lower. The current dividend yield is more than the historical average of 1.9% of the last 5 years.

Dividend history

What is PTEN dividend payout history and dates

Patterson Uti Energy has been paying dividends since 2004. PTEN has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 33% since one year ago. And with the stock price up by 9% from a year ago, the dividend yield marks an increase of 23%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 29, 2024 Mar 15, 2024 Feb 14, 2024 $0.08 normal
Nov 30, 2023 Dec 15, 2023 Nov 7, 2023 $0.08 normal
Sep 6, 2023 Sep 21, 2023 Jul 26, 2023 $0.08 normal
May 31, 2023 Jun 15, 2023 Apr 26, 2023 $0.08 normal
Mar 1, 2023 Mar 16, 2023 Feb 8, 2023 $0.08 normal
Nov 30, 2022 Dec 15, 2022 Oct 26, 2022 $0.08 normal
Aug 31, 2022 Sep 15, 2022 Jul 27, 2022 $0.04 normal
Jun 1, 2022 Jun 16, 2022 Apr 27, 2022 $0.04 normal
Mar 2, 2022 Mar 17, 2022 Feb 10, 2022 $0.04 normal
Dec 1, 2021 Dec 16, 2021 $0.02 normal
Sep 1, 2021 Sep 16, 2021 Jul 29, 2021 $0.02 normal
Jun 2, 2021 Jun 17, 2021 $0.02 normal
Dec 2, 2020 Dec 17, 2020 Oct 22, 2020 $0.02 normal
Sep 2, 2020 Sep 17, 2020 Jul 22, 2020 $0.02 normal
Jun 3, 2020 Jun 18, 2020 Apr 22, 2020 $0.02 normal
Mar 4, 2020 Mar 19, 2020 Feb 5, 2020 $0.04 normal
Dec 4, 2019 Dec 19, 2019 Oct 23, 2019 $0.04 normal
Sep 4, 2019 Sep 19, 2019 Jul 24, 2019 $0.04 normal
Jun 5, 2019 Jun 20, 2019 Apr 24, 2019 $0.04 normal
Mar 6, 2019 Mar 21, 2019 Feb 6, 2019 $0.04 normal
Dec 6, 2018 Dec 20, 2018 Oct 24, 2018 $0.04 normal
Sep 5, 2018 Sep 20, 2018 Jul 25, 2018 $0.04 normal
Jun 6, 2018 Jun 21, 2018 Apr 25, 2018 $0.04 normal
Mar 7, 2018 Mar 22, 2018 Feb 7, 2018 $0.02 normal
Dec 6, 2017 Dec 21, 2017 Oct 25, 2017 $0.02 normal
Sep 6, 2017 Sep 21, 2017 Jul 26, 2017 $0.02 normal
Jun 6, 2017 Jun 22, 2017 Apr 26, 2017 $0.02 normal
Mar 6, 2017 Mar 22, 2017 Feb 8, 2017 $0.02 normal
Dec 6, 2016 Dec 22, 2016 Oct 26, 2016 $0.02 normal
Sep 6, 2016 Sep 22, 2016 Jul 27, 2016 $0.02 normal
Jun 7, 2016 Jun 23, 2016 Apr 27, 2016 $0.02 normal
Mar 8, 2016 Mar 24, 2016 Feb 3, 2016 $0.1 normal

Patterson Uti Energy dividend payout ratio

What is Patterson Uti Energy dividend payout ratio compared to the sector

Payout ratio

Patterson Uti Energy's payout ratio of 50.8% is above the Energy sector average. But if we consider its Energy sector average of 49.4%, Patterson Uti Energy's payout ratio is only 2.8% higher.

Total amount of dividends paid per financial year (from cash flow)

PTEN dividend vs peer dividends

How does PTEN dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PTEN Patterson Uti Energy Inc 2.78% $0.32 50.8%
HP Helmerich & Payne Inc 2.16% $0.84 23.9%

Frequently asked questions

Does Patterson Uti Energy pay a dividend?

Yes, Patterson Uti Energy has paid four dividends in the last 12 months. PTEN has been paying dividends since 2004.

When is Patterson Uti Energy's next dividend?

PTEN's next dividend date is Jun 3, 2024 (ex-date).

When was PTEN's last dividend?

Patterson Uti Energy's last regular dividend was on Feb 29, 2024 (ex-date) with the amount of $0.08 per share.

How much dividend does Patterson Uti Energy pay (per share)?

On an annual basis PTEN pays $0.32 per share.

What is Patterson Uti Energy's dividend yield?

Patterson Uti Energy's current dividend yield is 2.76%.

How often does Patterson Uti Energy pay dividends?

Patterson Uti Energy pays four dividends per year.

What is Patterson Uti Energy's dividend payout ratio?

The dividend payout ratio of Patterson Uti Energy is 50.8%.

Does Patterson Uti Energy pay a good dividend?

Patterson Uti Energy's dividend yield is less than the Energy sector average.