SandRidge Energy Dividends and Buybacks
Dividend criteria checks 2/6
SandRidge Energy is a dividend paying company with a current yield of 3.71% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 15th November, 2024.
Key information
3.7%
Dividend yield
0.08%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 28.2% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | €0.402 |
| Payout ratio | 34% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether SA2D's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if SA2D's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| SandRidge Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SA2D) | 3.7% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Oil and Gas) | 2.8% |
| Analyst forecast (SA2D) (up to 3 years) | n/a |
Notable Dividend: SA2D's dividend (3.71%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: SA2D's dividend (3.71%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.8%), SA2D's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SA2D is paying a dividend but the company has no free cash flows.