dividend
confidence high
sentiment positive
materiality 0.80
SandRidge declares $2.00 special dividend, $75M buyback, plans quarterly dividend of $0.10
SANDRIDGE ENERGY INC
- One-time cash dividend of $2.00 per share payable June 7, 2023 to holders of record May 24, 2023; total payout ~$74M.
- Board authorized $75M stock repurchase program for open-market purchases with cash on hand.
- Planned on-going quarterly dividend of $0.10 per share to commence after Q2 2023, first payable in August 2023.