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Ranger Energy Services, Inc. provides onshore high specification well service rigs, wireline completion services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services. The High Specification Rigs segment offers well service rigs and complementary equipment and services to facilitate operations throughout the lifecycle of a well; and well maintenance services. This segment also has a fleet of 540 well service rigs. The Wireline Services segment provides wireline production and intervention services to provide information to identify and resolve well production problems through cased hole logging, perforating, mechanical, and pipe recovery services; wireline completion services are used primarily for pump-down perforating operations to create perforations or entry holes through the production casing; and pumping services. This segment also has a fleet of 68 wireline units and four high-pressure pump trucks. The Processing Solutions and Ancillary Services segment rents well service-related equipment consisting of fluid pumps, power swivels, well control packages, hydraulic catwalks, frac tanks, pipe racks, and pipe handling tools; decommissioning services; fluid management services; offers proprietary and modular equipment for the processing of natural gas; coil tubing services; and snubbing services. This segment also engages in the rental, installation, commissioning, start up, operation, and maintenance of mechanical refrigeration units, nitrogen gas liquid stabilizer units, nitrogen gas liquid storage units, and related equipment. Ranger Energy Services, Inc. was incorporated in 2014 and is based in Houston, Texas.

Ranger Energy Services Dividend Announcement

• Ranger Energy Services announced a quarterly dividend of $0.05 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-08
• Ranger Energy Services annual dividend for 2024 was $0.20
• Ranger Energy Services annual dividend for 2023 was $0.10
• Ranger Energy Services's trailing twelve-month (TTM) dividend yield is 1.45%
• Ranger Energy Services's payout ratio for the trailing twelve months (TTM) is 31.29%

Ranger Energy Services Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-08$0.05quarterly2024-11-22
2024-08-09$0.05quarterly2024-08-23
2024-05-16$0.05quarterly
2024-03-14$0.05quarterly2024-04-05
2023-11-10$0.05quarterly2023-12-01
2023-08-17$0.05quarterly2023-09-08

Ranger Energy Services Dividend per year

Ranger Energy Services Dividend Yield

Ranger Energy Services current trailing twelve-month (TTM) dividend yield is 1.45%. Interested in purchasing Ranger Energy Services stock? Use our calculator to estimate your expected dividend yield:

Ranger Energy Services Financial Ratios

P/E ratio20.82
PEG ratio-1.10
P/B ratio1.14
ROE5.54%
Payout ratio31.29%
Current ratio2.00
Quick ratio1.91
Cash Ratio0.22

Ranger Energy Services Dividend FAQ

Does Ranger Energy Services stock pay dividends?
Ranger Energy Services does not currently pay dividends to its shareholders.
Has Ranger Energy Services ever paid a dividend?
No, Ranger Energy Services has no a history of paying dividends to its shareholders. Ranger Energy Services is not known for its dividend payments.
Why doesn't Ranger Energy Services pay dividends?
There are several potential reasons why Ranger Energy Services would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Ranger Energy Services ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Ranger Energy Services has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Ranger Energy Services a dividend aristocrat?
Ranger Energy Services is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Ranger Energy Services a dividend king?
Ranger Energy Services is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Ranger Energy Services a dividend stock?
No, Ranger Energy Services is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Ranger Energy Services stocks?
To buy Ranger Energy Services you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Ranger Energy Services stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.