Patterson-UTI Energy Announces Quarterly Dividend of $0.10 Per Share
Patterson-UTI Energy (PTEN) has declared a quarterly dividend of $0.10 per share, maintaining its current payout level. The dividend carries a forward yield of approximately 3.17%. The distribution is scheduled to be paid on December 15, with the ex-dividend date and the record date both set for December 1. This announcement follows recent positive momentum for the company, including earnings beats in previous quarters and an upgraded outlook driven by North American oil demand.
Tickers: $PTEN
Topics: dividends oil and gas quarterly earnings