dividend
confidence high
sentiment positive
materiality 0.70
SandRidge Energy declares $1.50 special dividend and raises quarterly dividend 10% to $0.11
SANDRIDGE ENERGY INC
- One-time dividend of $1.50 per share (~$55M total) payable Feb 20, 2024 to holders of record Feb 5, 2024.
- Regular quarterly dividend increased 10% from $0.10 to $0.11 per share, starting with March 2024 payment.
- Company says it will maintain resources for value-accretive M&A and high-return capital projects.