SD - SandRidge Energy declares special dividend of $2.00 plans quarterly payout of $0.10 $75M buyback
2023-05-13 01:14:13 ET
- SandRidge Energy ( NYSE: SD ) declares $2.00/share special dividend (for a total payout of approximately $74 million).
- Payable June 7; for shareholders of record May 24; ex-div May 23.
- Additionally, the company plans ongoing quarterly dividend of $0.10 per share starting after the second quarter 2023 first payable in August 2023.
- The Board has approved a $75 million stock buyback program, representing approx. 14% of market cap on 12th May.
- See SD Dividend Scorecard, Yield Chart, & Dividend Growth.
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SandRidge Energy declares special dividend of $2.00, plans quarterly payout of $0.10, $75M buyback