Patterson-UTI Energy, Inc.
PTENEnergy · Stock · quarterly payer
$12.27
Add to PortfolioForward Yield
3.26%
Annual Dividend
$0.40
Payout Ratio
213%
5-Yr Growth
32.0%
Ex-Date
Jun 1, 2026
Frequency
Quarterly
PTEN Dividend Safety Score
59/ 100
Grade C
Borderline
Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2020
Earnings payout coverage213% of earnings paid out
Free-cash-flow coverage44% of free cash flow
Balance-sheet strengthDebt/equity of 0.40
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is PTEN a good dividend stock?
Yes, with caveatsPatterson-UTI Energy, Inc. (PTEN) pays a quarterly dividend yielding 3.26% ($0.40/yr), with 5 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Strong 32.0% 5-yr dividend growth
Risks
- Cut its dividend in 2020
- Elevated payout ratio (213%)
Key Data
- Dividend Yield
- 3.26%
- Payout Ratio
- 213%
- Annual Dividend
- $0.40
- 5-Yr Avg Growth
- 32.0%
- Ex-Dividend Date
- Jun 1, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 0.60
- Market Cap
- $4.7B
- P/E Ratio
- —
- 5-Yr Total Return
- 20%
- 52-Week Range
- $5.10 – $13.08
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 1, 2026 | — | $0.1000 | regular |
| Mar 2, 2026 | — | $0.1000 | regular |
| Dec 1, 2025 | — | $0.0800 | regular |
| Sep 2, 2025 | — | $0.0800 | regular |
| Jun 2, 2025 | — | $0.0800 | regular |
| Mar 3, 2025 | — | $0.0800 | regular |
| Dec 2, 2024 | — | $0.0800 | regular |
| Sep 3, 2024 | — | $0.0800 | regular |
| Jun 3, 2024 | — | $0.0800 | regular |
| Feb 29, 2024 | — | $0.0800 | regular |
| Nov 30, 2023 | — | $0.0800 | regular |
| Sep 6, 2023 | — | $0.0800 | regular |
| May 31, 2023 | — | $0.0800 | regular |
| Mar 1, 2023 | — | $0.0800 | regular |
Income Calculator
At $0.40 / yr per share
Per payment (quarterly)$10.00
Annual$40.00
Monthly avg$3.33
