Sandridge Energy's latest quarterly dividend was on May 16, 2024 (ex-date) with a payout of $0.11 per share. On an annualized basis, the company has a current payout of $0.42 per share. This brings the dividend yield to 3.09% based on its recent close price.
Sandridge Energy's dividend yield of 3.09% is below the Energy sector, the industry and its peers average. Compared to its Energy sector average of 3.77%, Sandridge Energy's dividend yield is 18% lower.
SD has distributed four quarterly dividends in the past year.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 16, 2024 | May 31, 2024 | May 2, 2024 | $0.11 | normal |
| Mar 14, 2024 | Mar 29, 2024 | Mar 5, 2024 | $0.11 | normal |
| Nov 10, 2023 | Nov 27, 2023 | Nov 2, 2023 | $0.1 | normal |
| Aug 11, 2023 | Aug 28, 2023 | Aug 1, 2023 | $0.1 | normal |
Sandridge Energy's payout ratio of 32.1% is below the Energy sector, the industry and its peers average. If we compare it with its Energy sector average of 49.7%, Sandridge Energy's payout ratio is 35% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| EPD Enterprise Products Partners Lp | 6.78% | $2.03 | 79.9% |
| SD Sandridge Energy Inc | 3.15% | $0.42 | 32.1% |
| CHK Chesapeake Energy Corp | 2.4% | $1.87 | 23.3% |
| OXY Occidental Petroleum Corp | 1.32% | $0.8 | 20.3% |
Sandridge Energy has issued four dividends in the last twelve months.
SD hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in August 2024.
Sandridge Energy's last regular dividend was on May 16, 2024 (ex-date) with the amount of $0.11 per share.
SD has paid dividend of $0.42 per share in the last year.
The current dividend yield of Sandridge Energy is 3.09%.
Sandridge Energy pays four dividends per year.
Sandridge Energy's dividend payout ratio is 32.1%.
Sandridge Energy's dividend yield is below the Energy sector average.