Patterson-UTI Energy Inc.
S&P 500PTEN/Energy · Oil & Gas Drilling/NASDAQ
Dividend Yield
3.53%
$0.36 · Annual Dividend
Dividend Safety Rating
PTEN's dividend shows some areas that warrant monitoring. Strengths include a 47.4% fcf payout ratio & 12.4% cfo payout ratio. Areas of concern: 213.3% earnings payout ratio & -0.5x interest coverage. The dividend has been growing at a 26.19% 5-year CAGR.
Based on 15 of 15 metrics
Strengths
- CFO Payout Ratio: 12.4%Operating cash flow strongly supports the payout.
- Debt-to-Equity: 40.1Conservative debt level relative to equity.
- Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
Risks
- Earnings Payout Ratio: 213.3%High earnings payout ratio leaves little safety margin.
- Interest Coverage: -0.5xInterest coverage is thin relative to debt servicing.
- Return on Equity: -3.6%Return on equity is below industry norms.
Payout & Coverage
CautionBalance Sheet
SafeProfitability
DangerDividend Track Record
SafeAbout Patterson-UTI Energy Inc.
Patterson-UTI Energy Inc. is a leading provider of drilling and completion services to oil and natural gas exploration and production companies, primarily in the United States, Canada, Colombia, and select international markets. The company operates through three key segments: Drilling Services, which includes contract drilling, directional drilling, measurement-while-drilling systems, oilfield technology, electrical controls, and automation; Completion Services, encompassing hydraulic fracturing, wireline, pumping, completion support, cementing, and pressure pumping; and Drilling Products, focused on manufacturing and distributing drill bits and related tools. It also supplies rental equipment and advanced technology solutions to enhance operational efficiency in onshore basins. Founded in 1978 and headquartered in Houston, Texas, Patterson-UTI Energy Inc. plays a vital role in the energy services sector by supporting the extraction of oil and natural gas through specialized, high-performance equipment and services tailored to demanding drilling and completion environments.
Dividend Overview
Dividend Yield
3.53%
Annual Dividend
$0.36
Frequency
Quarterly
Payout Ratio
213.33%
FCF Payout Ratio
47.43%
52-Week Range
$5.10 - $13.08
Dividend History (2016–2025)
PTEN annual dividend per share and yield history
Earnings & Profitability
PTEN earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
June 1, 2026
Last Payment Date
June 15, 2026
Dividend Growth
3-Year Dividend CAGR
16.96%
5-Year Dividend CAGR
26.19%
10-Year Dividend CAGR
-2.21%
3-Year Total Growth
60.00%
5-Year Total Growth
220.00%
10-Year Total Growth
-20.00%
Income Calculator
Frequently Asked Questions
What is PTEN's current dividend yield?
When is PTEN's next dividend payment date?
How much does PTEN pay in dividends per year?
Has PTEN been increasing its dividend?
Is PTEN's dividend safe?
How is PTEN's Dividend Safety Rating calculated?
Want to understand how we rate dividend safety? Read our full methodology
Track PTEN Dividends with OnlyDividends
What will PTEN actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.
This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.