SM Energy Declares Semi-Annual Cash Dividend

Rhea-AI Summary

SM Energy Company (NYSE: SM) announced a semi-annual cash dividend of $0.01 per share, payable on November 5, 2021, to stockholders of record by the close of business on October 25, 2021. The company has approximately 121.5 million shares outstanding, reflecting its commitment to returning value to shareholders. SM Energy engages in the acquisition and production of crude oil, natural gas, and NGLs primarily in Texas.

Positive

• Dividend declaration of $0.01 per share indicates the company's commitment to shareholder returns.

Negative

• None.

DENVER, Sept. 22, 2021 /PRNewswire/ -- SM Energy Company (NYSE: SM) today announces that its Board of Directors approved a semi-annual cash dividend of $0.01 per share of common stock outstanding. The dividend will be paid on November 5, 2021, to stockholders of record as of the close of business on October 25, 2021. The Company currently has approximately 121.5 million shares of common stock outstanding.

ABOUT THE COMPANY

SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil, natural gas, and NGLs in the state of Texas.  SM Energy routinely posts important information about the Company on its website. For more information about SM Energy, please visit its website at www.sm-energy.com.

SM ENERGY INVESTOR CONTACTS
Jennifer Martin Samuels, jsamuels@sm-energy.com, 303-864-2507
Jeremy Kline, jkline@sm-energy.com, 303-863-4313

 

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SOURCE SM Energy Company

FAQ

What is the dividend amount declared by SM Energy?

SM Energy declared a dividend of $0.01 per share.

When will SM Energy's dividend be paid?

The dividend will be paid on November 5, 2021.

What is the record date for the dividend payment from SM Energy?

The record date for the dividend payment is October 25, 2021.

How many shares of common stock does SM Energy have outstanding?

SM Energy has approximately 121.5 million shares of common stock outstanding.