SM Energy Keeps Dividend Steady

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Independent energy company SM Energy  announced today its semi-annual dividend of $0.05 per share, the same rate it's paid since 1997.

The board of directors said the quarterly dividend is payable on November 6 to holders of record at the close of business on October 25. SM Energy has paid cash dividends to its stockholders every year since 1940.

The regular dividend payment equates to a $0.10-per-share annual dividend, yielding 0.1% based on the closing price today of SM Energy's stock.


SM Dividend Chart

SM Dividend data by YCharts.

The article SM Energy Keeps Dividend Steady originally appeared on Fool.com.

Fool contributor Rich Duprey has no position in any stocks mentioned, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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