SandRidge Energy, Inc. (SD) To Go Ex-Dividend on November 15th

SandRidge Energy, Inc. (NYSE:SD) declared a quarterly dividend on Wednesday, November 6th,RTT News reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.11 per share by the oil and natural gas company on Friday, November 29th. This represents a $0.44 dividend on an annualized basis and a yield of 3.59%. The ex-dividend date is Friday, November 15th.

SandRidge Energy has a payout ratio of 21.3% meaning its dividend is sufficiently covered by earnings.

SandRidge Energy Price Performance

NYSE:SD opened at $12.27 on Friday. The company has a 50 day moving average price of $11.97 and a 200-day moving average price of $12.86. SandRidge Energy has a 1-year low of $10.94 and a 1-year high of $15.31. The firm has a market cap of $456.22 million, a price-to-earnings ratio of 11.26 and a beta of 2.10.

SandRidge Energy (NYSE:SD) last posted its earnings results on Wednesday, August 7th. The oil and natural gas company reported $0.17 earnings per share (EPS) for the quarter. The business had revenue of $25.98 million for the quarter. SandRidge Energy had a net margin of 31.47% and a return on equity of 9.88%.

SandRidge Energy Company Profile

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.