SM Energy's most recent quarterly dividend was on Apr 18, 2024 (ex-date) with a cash dividend payment of $0.18 per share. On an annualized basis, the company has a current payout of $0.66 per share. This brings the dividend yield to 1.35% based on its recent close price.
SM has a dividend yield of 1.35% which is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 3.73%, SM Energy's dividend yield is 64% lower. The current dividend yield is higher than the historical average of 1.1% of the last 5 years.
SM Energy has been paying dividends since 1994. SM has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 47% for the last year. But since the stock price has gone up by 79% from a year ago, the dividend yield has decreased by 18%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 18, 2024 | May 3, 2024 | Mar 26, 2024 | $0.18 | normal |
| Jan 18, 2024 | Feb 5, 2024 | Dec 28, 2023 | $0.18 | normal |
| Oct 23, 2023 | Nov 6, 2023 | Sep 28, 2023 | $0.15 | normal |
| Jul 20, 2023 | Aug 7, 2023 | Jun 28, 2023 | $0.15 | normal |
| Apr 20, 2023 | May 5, 2023 | Mar 28, 2023 | $0.15 | normal |
| Jan 19, 2023 | Feb 6, 2023 | Dec 29, 2022 | $0.15 | normal |
| Oct 24, 2022 | Nov 7, 2022 | Sep 7, 2022 | $0.15 | normal |
| Apr 21, 2022 | May 6, 2022 | Mar 29, 2022 | $0.01 | normal |
| Oct 22, 2021 | Nov 5, 2021 | Sep 22, 2021 | $0.01 | normal |
| Apr 22, 2021 | May 7, 2021 | Apr 8, 2021 | $0.01 | normal |
| Oct 22, 2020 | Nov 4, 2020 | Sep 23, 2020 | $0.01 | normal |
| Apr 23, 2020 | May 8, 2020 | Apr 9, 2020 | $0.01 | normal |
| Oct 24, 2019 | Nov 6, 2019 | Sep 24, 2019 | $0.05 | normal |
| Apr 25, 2019 | May 8, 2019 | Mar 27, 2019 | $0.05 | normal |
| Oct 25, 2018 | Nov 7, 2018 | Sep 28, 2018 | $0.05 | normal |
| Apr 26, 2018 | May 9, 2018 | Mar 29, 2018 | $0.05 | normal |
| Oct 19, 2017 | Nov 1, 2017 | Sep 27, 2017 | $0.05 | normal |
| Apr 19, 2017 | May 3, 2017 | Mar 29, 2017 | $0.05 | normal |
| Oct 19, 2016 | Nov 2, 2016 | Sep 23, 2016 | $0.05 | normal |
| Apr 20, 2016 | May 4, 2016 | Mar 29, 2016 | $0.05 | normal |
SM has a payout ratio of 9.6% which is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 44.6%, SM Energy's payout ratio is 78% lower.
Yes, SM Energy has been paying dividends for the last 30 years.
SM hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in July 2024.
SM Energy's last regular dividend was on Apr 18, 2024 (ex-date) with the amount of $0.18 per share.
SM's annualized dividend per share is $0.66.
Currently SM Energy's dividend yield is 1.35%.
SM Energy pays four dividends per year.
The dividend payout ratio of SM Energy is 9.6%.
SM Energy's dividend yield is lower than the Energy sector average.