Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.35%.
YIELD ON COST (YOC)
3.35%
PTEN now pays $0.38 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-10-04) | $21.64 | 1.76% |
| 5 years ago(2021-09-30) | $9.00 | 4.22% |
| 3 years ago(2023-10-03) | $13.01 | 2.92% |
| 1 year ago(2025-10-07) | $5.93 | 6.41% |
| Buying today(at $11.41) | $11.41 | 3.35% |
Projection: starting from today's 3.35% yield, assuming the dividend keeps compounding at 41.4% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.35%
In 3 years
9.48%
In 5 years
18.95%
In 10 years
107.21%
Try your own purchase price, dividend and growth rate for Patterson-UTI Energy, Inc. (PTEN).
Starting Yield
3.33%
Ending YOC
109.24%
Year 15 Dividend
$12.46
Cum. Dividends Recd.
$58.21
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.38 | N/A | 3.33% | $0.00 |
| Year 1 | $0.48 | +26.20% | 4.20% | $0.48 |
| Year 2 | $0.61 | +26.20% | 5.30% | $1.08 |
| Year 3 | $0.76 | +26.20% | 6.69% | $1.85 |
| Year 4 | $0.96 | +26.20% | 8.45% | $2.81 |
| Year 5 | $1.22 | +26.20% | 10.66% | $4.03 |
| Year 6 | $1.54 | +26.20% | 13.45% | $5.56 |
| Year 7 | $1.94 | +26.20% | 16.98% | $7.50 |
| Year 8 | $2.44 | +26.20% | 21.43% | $9.95 |
| Year 9 | $3.09 | +26.20% | 27.04% | $13.03 |
| Year 10 | $3.89 | +26.20% | 34.13% | $16.93 |
| Year 11 | $4.91 | +26.20% | 43.07% | $21.84 |
| Year 12 | $6.20 | +26.20% | 54.35% | $28.04 |
| Year 13 | $7.83 | +26.20% | 68.59% | $35.87 |
| Year 14 | $9.88 | +26.20% | 86.56% | $45.74 |
| Year 15 | $12.46 | +26.20% | 109.24% | $58.21 |
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
