SM Energy's most recent quarterly dividend was on Jul 20, 2023 (ex-date) with a cash dividend payment of $0.15 per share. On an annualized basis, the company has a current payout of $0.6 per share. This brings the dividend yield to 1.51% based on its recent close price.
SM has a dividend yield of 1.51% which is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 3.94%, SM Energy's dividend yield is 62% lower. The current dividend yield is higher than the historical average of 1.0% of the last 5 years.
SM Energy has been paying dividends since 1994. SM has issued four dividends in the last twelve months. The annualized DPS has increased by 2,900% for the last year. And since the stock price has gone up by 4.9% from a year ago, the dividend yield has increased by 2,752%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 6.7% which is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 37.9%, SM Energy's payout ratio is 82% lower.
Yes, SM Energy has been paying dividends for the last 29 years.
SM Energy's last regular dividend was on Jul 20, 2023 (ex-date) with the amount of $0.15 per share.
SM's annualized dividend per share is $0.6.
Currently SM Energy's dividend yield is 1.51%.
The dividend payout ratio of SM Energy is 6.7%.
SM Energy's dividend yield is lower than the Energy sector average.