Patterson-UTI Energy Declares Quarterly Dividend of $0.10 per Share
Patterson-UTI Energy (PTEN) has declared a quarterly dividend of $0.10 per share, consistent with its previous payout levels. The forward yield is currently estimated at 4.29%. The dividend will be payable on September 15 to shareholders of record as of September 1, with an ex-dividend date set for the same day. The company reported GAAP earnings per share (EPS) of -$0.05 in its latest quarter, missing estimates by $0.02. However, revenue came in at $1.23 billion, exceeding expectations by $80 million. The market is closely watching Patterson-UTI Energy ahead of Q2 2026 earnings.
Tickers: $PTEN