Patterson-UTI Energy Inc. (PTEN) Tops Q4 EPS by 4c; Declares $0.05 Quarterly Dividend; 0.8% Yield

February 3, 2011 7:18 AM EST Send to a Friend
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Patterson-UTI Energy Inc. (NASDAQ: PTEN) reported Q4 EPS of $0.37, $0.04 better than the analyst estimate of $0.33. Revenue for the quarter came in at $506 million versus the consensus estimate of $483.88 million.

The Company declared a quarterly cash dividend on its common stock of $0.05 per share, $0.20 annualized.

The dividend is to be paid on March 30, 2011 to holders of record as of March 15, 2011. The ex-dividend date is March 11, 2011.

Yield on the dividend is 0.8%.


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