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SM ENERGY DECLARES SEMI-ANNUAL CASH DIVIDEND

SM Energy Company (NYSE: SM) has announced a semi-annual cash dividend of $0.01 per share, payable on May 6, 2022.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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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.

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Positive

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

Negative

  • None.
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-1.05% session move Open Argus
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News Market Reaction – SM

The recorded move for SM in the trading session of this news was -1.05%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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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Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/sm-energy-declares-semi-annual-cash-dividend-301513071.html

SOURCE SM Energy Company

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

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