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 2.78%.
Patterson Uti Energy's dividend yield of 2.78% is lower than the Energy sector average. If we compare it with the Energy sector average of 3.68%, Patterson Uti Energy's dividend yield is 24% lower. The current dividend yield is more than the historical average of 1.9% of the last 5 years.
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 down by 6% from a year ago, the dividend yield marks an increase of 42%.
| 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's payout ratio of 36.4% is below the Energy sector average. If we compare it with its Energy sector average of 44.7%, Patterson Uti Energy's payout ratio is 19% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PTEN Patterson Uti Energy Inc | 2.78% | $0.32 | 36.4% |
| HP Helmerich & Payne Inc | 2% | $0.84 | 20% |
Yes, Patterson Uti Energy has paid four dividends in the last 12 months. PTEN has been paying dividends since 2004.
PTEN hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in May 2024.
Patterson Uti Energy's last regular dividend was on Feb 29, 2024 (ex-date) with the amount of $0.08 per share.
On an annual basis PTEN pays $0.32 per share.
Patterson Uti Energy's current dividend yield is 2.78%.
Patterson Uti Energy pays four dividends per year.
The dividend payout ratio of Patterson Uti Energy is 36.4%.
Patterson Uti Energy's dividend yield is less than the Energy sector average.