SM Energy Keeps Dividend Steady

Independent energy company SM Energy  (NYSE: SM  ) announced today its semi-annual dividend of $0.05 per share, the same rate it's paid since 1997.

The board of directors said the quarterly dividend is payable on November 6 to holders of record at the close of business on October 25. SM Energy has paid cash dividends to its stockholders every year since 1940.

The regular dividend payment equates to a $0.10-per-share annual dividend, yielding 0.1% based on the closing price today of SM Energy's stock.

SM Dividend Chart

SM Dividend data by YCharts.

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  • Report this Comment On October 12, 2013, at 12:25 AM, colleran wrote:

    Why is (and other 'keeps dividend study' MF articles) worth publishing? It is like saying the price of eggs didn't change. POINTLESS!

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Rich Duprey

Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time.

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