Pengana Private Equity Trust (ASX:PE1) Raises Dividend to $0.03 Per Share

Pengana Private Equity Trust (ASX:PE1) declared a final dividend on Tuesday, June 24th, MarketIndexAU Dividends reports. Stockholders of record on Thursday, July 24th will be paid a dividend of 0.034 per share on Thursday, July 24th. This represents a dividend yield of 2.98%. The ex-dividend date of this dividend is Monday, June 30th. This is a 6.3% increase from Pengana Private Equity Trust’s previous final dividend of $0.03.

Pengana Private Equity Trust Price Performance

The stock has a market capitalization of $354.17 million and a P/E ratio of -2,631.78.

About Pengana Private Equity Trust

Patterson-UTI Energy, Inc, through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East Texas, and Colombia.