SM ENERGY DECLARES SEMI-ANNUAL CASH DIVIDEND

Rhea-AI Summary

SM Energy Company (NYSE: SM) has announced a semi-annual cash dividend of $0.01 per share, payable on May 6, 2022. The record date for stockholders is set for April 22, 2022. Currently, there are approximately 121.9 million shares outstanding. This dividend approval reflects the company’s ongoing commitment to return value to its shareholders amidst its operations in the acquisition, exploration, development, and production of crude oil, natural gas, and NGLs in Texas.

Positive

• Semi-annual cash dividend of $0.01 approved.
• Demonstrates commitment to returning value to shareholders.

Negative

• None.

DENVER, March 29, 2022 /PRNewswire/ -- SM Energy Company (NYSE: SM) today announces that its Board of Directors approved a semi-annual cash dividend of $0.01 per share of common stock outstanding. The dividend will be paid on May 6, 2022, to stockholders of record as of the close of business on April 22, 2022. The Company currently has approximately 121.9 million shares of common stock outstanding.

ABOUT THE COMPANY 

SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil, natural gas, and NGLs in the state of Texas.  SM Energy routinely posts important information about the Company on its website. For more information about SM Energy, please visit its website at www.sm-energy.com.

SM ENERGY INVESTOR CONTACTS 

Jennifer Martin Samuels, jsamuels@sm-energy.com, 303-864-2507  

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SOURCE SM Energy Company

FAQ

What is the dividend amount for SM Energy in 2022?

SM Energy has declared a semi-annual cash dividend of $0.01 per share.

When will SM Energy's dividend be paid?

The dividend will be paid on May 6, 2022.

What is the record date for SM Energy's dividend?

The record date for the dividend is April 22, 2022.

How many shares are outstanding for SM Energy?

SM Energy currently has approximately 121.9 million shares of common stock outstanding.