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SandRidge Energy, Inc. engages in the acquisition, development, and production of oil and natural gas primarily in the United States Mid-Continent. As of December 31, 2021, it had an interest in 817.0 net producing wells; and operated approximately 368,000 net leasehold acres in Oklahoma and Kansas, as well as total estimated proved reserves of 71.3 million barrels of oil equivalent. The company was incorporated in 2006 and is headquartered in Oklahoma City, Oklahoma.

SandRidge Energy Dividend Announcement

SandRidge Energy announced a quarterly dividend of $0.11 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-15
SandRidge Energy annual dividend for 2024 was $1.94
SandRidge Energy annual dividend for 2023 was $2.20
SandRidge Energy's trailing twelve-month (TTM) dividend yield is 15.46%
SandRidge Energy's payout ratio for the trailing twelve months (TTM) is 152.42%

SandRidge Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-15$0.11quarterly2024-11-29
2024-08-16$0.11quarterly2024-08-30
2024-05-16$0.11quarterly2024-05-31
2024-03-14$0.11quarterly2024-03-29
2024-02-02$1.50quarterly2024-02-20
2023-11-10$0.10quarterly2023-11-27
2023-08-11$0.10quarterly2023-08-28
2023-05-23$2.00quarterly2023-06-07

SandRidge Energy Dividend per year

SandRidge Energy Dividend Yield

SandRidge Energy current trailing twelve-month (TTM) dividend yield is 15.46%. Interested in purchasing SandRidge Energy stock? Use our calculator to estimate your expected dividend yield:

SandRidge Energy Financial Ratios

P/E ratio9.32
PEG ratio-0.24
P/B ratio0.00
ROE14.38%
Payout ratio152.42%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

SandRidge Energy Dividend FAQ

Does SandRidge Energy stock pay dividends?
SandRidge Energy does not currently pay dividends to its shareholders.
Has SandRidge Energy ever paid a dividend?
No, SandRidge Energy has no a history of paying dividends to its shareholders. SandRidge Energy is not known for its dividend payments.
Why doesn't SandRidge Energy pay dividends?
There are several potential reasons why SandRidge Energy would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will SandRidge Energy ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While SandRidge Energy has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is SandRidge Energy a dividend aristocrat?
SandRidge Energy is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is SandRidge Energy a dividend king?
SandRidge Energy is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is SandRidge Energy a dividend stock?
No, SandRidge Energy is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy SandRidge Energy stocks?
To buy SandRidge Energy you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy SandRidge Energy stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.