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Patterson-UTI Energy, Inc. (PTEN) Ex-Dividend Date Scheduled for December 12, 2012

Posted
12/10/2012 9:00:00 AM
By: NASDAQ.com News
Referenced Stocks:PBR;PTEN;PTR

Patterson-UTI Energy, Inc. ( PTEN ) has announced an ex-dividend date of December 12, 2012 and a cash dividend payment of $0.05 per share scheduled for December 28, 2012. Shareholders who purchased PTEN stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 16th quarter that PTEN has paid the same dividend. At the current stock price of $18.13, the dividend yield is 1.1%.

The previous trading day's last sale of PTEN was $18.13, representing a -18.11% decrease from the 52 week high of $22.14 and a 41.53% increase over the 52 week low of $12.81.

PTEN is a part of the Energy sector, which includes companies such as PetroChina Company Limited ( PTR ) and Petroleo Brasileiro S.A.- Petrobras ( PBR ). PTEN's current earnings per share, an indicator of a company's profitability, is $2.11. Zacks Investment Research reports PTEN's forecasted earnings growth in 2012 as -15.72%, compared to an industry average of 11.5%.

For more information on the declaration, record and payment dates, visit the PTEN Dividend History page.