SM Energy Declares Semi-Annual Cash Dividend

SM Energy Company (NYSE: SM) has declared a semi-annual cash dividend of $0.01 per share, scheduled for payment on May 7, 2021.

Rhea-AI Summary

SM Energy Company (NYSE: SM) has declared a semi-annual cash dividend of $0.01 per share, scheduled for payment on May 7, 2021. Stockholders of record as of the close of business on April 23, 2021 will be eligible to receive this dividend. The company has approximately 114.7 million shares of common stock outstanding. This move highlights SM Energy's commitment to returning value to its shareholders amidst its operations in the exploration and production of crude oil and natural gas in Texas.

Positive

• Declaration of a semi-annual cash dividend of $0.01 per share.
• Dividend payment scheduled for May 7, 2021, indicating financial stability.

Negative

• None.

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News Market Reaction – SM

The recorded move for SM in the trading session of this news was +0.41%.

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DENVER, April 8, 2021 /PRNewswire/ -- SM Energy Company (NYSE: SM) today announces that its Board of Directors has approved a semi-annual cash dividend of $0.01 per share of common stock outstanding. The dividend will be paid on May 7, 2021, to stockholders of record as of the close of business on April 23, 2021. The Company currently has approximately 114.7 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

Jeremy Kline, jkline@sm-energy.com, 303-863-4313

 

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SOURCE SM Energy Company

FAQ

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

What is the SM Energy dividend amount?

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

When will SM Energy pay its dividend?

The dividend will be paid on May 7, 2021.

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

The record date for the dividend is April 23, 2021.

How many shares does SM Energy have outstanding?

SM Energy has approximately 114.7 million shares of common stock outstanding.