Patterson-UTI Energy, Inc. ( PTEN ) will begin trading ex-dividend on September 12, 2013. A cash dividend payment of $0.05 per share is scheduled to be paid on September 30, 2013. Shareholders who purchased PTEN stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 19th quarter that PTEN has paid the same dividend. At the current stock price of $20.79, the dividend yield is .96%.
The previous trading day's last sale of PTEN was $20.79, representing a -18.41% decrease from the 52 week high of $25.48 and a 39.06% increase over the 52 week low of $14.95.
PTEN is a part of the Energy sector, which includes companies such as PetroChina Company Limited ( PTR ) and TotalFinaElf, S.A. ( TOT ). PTEN's current earnings per share, an indicator of a company's profitability, is $1.39. Zacks Investment Research reports PTEN's forecasted earnings growth in 2013 as -34.97%, compared to an industry average of .8%.
Interested in gaining exposure to PTEN through an Exchange Traded Fund [ETF]?
The following ETF(s) have PTEN as a top-10 holding:
- First Trust Energy AlphaDEX Fund ( FXN ).
The top-performing ETF of this group is FXN with an increase of 11.05% over the last 100 days. It also has the highest percent weighting of PTEN at 3.01%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.