SandRidge Energy, Inc. (NYSE:SD – Get Free Report) declared a quarterly dividend on Wednesday, August 7th, RTT News reports. Stockholders of record on Friday, August 16th will be given a dividend of 0.11 per share by the oil and natural gas company on Friday, August 30th. This represents a $0.44 annualized dividend and a dividend yield of 3.57%.
SandRidge Energy has a payout ratio of 37.9% indicating that its dividend is sufficiently covered by earnings.
SandRidge Energy Stock Performance
NYSE SD traded up $0.19 during trading on Wednesday, hitting $12.31. 248,905 shares of the company’s stock traded hands, compared to its average volume of 374,806. The stock has a market capitalization of $456.95 million, a price-to-earnings ratio of 9.40 and a beta of 2.15. SandRidge Energy has a 12-month low of $11.51 and a 12-month high of $17.16. The business has a 50 day moving average of $13.14 and a 200-day moving average of $13.56.
About SandRidge Energy
SandRidge Energy, Inc engages in the acquisition, development, and production of oil, natural gas, and natural gas liquids in the United States Mid-Continent. The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma.
Featured Stories
- Five stocks we like better than SandRidge Energy
- Investing In Automotive Stocks
- What Are Bonds? A High-Level Overview
- 3 Fintech Stocks With Good 2021 Prospects
- Super Micro Stock Drops Sharply After Earnings on Margin Concerns
- Buy P&G Now, Before It Sets A New All-Time High
- Lyft’s First-Ever Profit, but the Outlook Is a Speed Bump
Receive News & Ratings for SandRidge Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SandRidge Energy and related companies with MarketBeat.com's FREE daily email newsletter.