7 Things You Didn't Know About Helmerich & Payne, Inc.
Oil and natural gas drilling services provider Helmerich & Payne, Inc. (NYSE: HP) currently offers investors a robust dividend yield of around 6.4%. It backs that up with a 44-year streak of annual dividend increases. That's even more impressive since it operates in an industry that's highly cyclical. But here are a couple of things you should know beyond these dividend stats if you want to buy this industry-leading name.
In addition to the long streak of annual dividend increases, Helmerich & Payne also has incredible dividend growth numbers. For example, over the trailing 10 years, its annualized dividend increase was 32%. Over the five-year span it was even higher, at an annualized rate of 60%. The three-year number was 28%. But these huge dividend growth numbers are really an aberration.
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Source: Fool.com
Patterson-UTI Energy Inc. Stock
The stock is one of the favorites of our community with 22 Buy predictions and 1 Sell predictions.
With a target price of 15 € there is a hugely positive potential of 50.75% for Patterson-UTI Energy Inc. compared to the current price of 9.95 €.
