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DENVER - SM Energy Company (NYSE:SM), with a market capitalization of $3.14 billion, announced Thursday that its Board of Directors has approved a quarterly cash dividend of $0.20 per share of common stock outstanding. According to InvestingPro analysis, the company appears to be trading below its Fair Value.
The dividend will be paid on November 3, 2025, to stockholders of record as of the close of business on October 17, 2025, according to a press release statement from the company. The current dividend yield stands at 2.93%, with SM Energy maintaining dividend payments for 33 consecutive years and raising them for the past three years.
SM Energy is an independent energy company that focuses on the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids. The company’s operations are concentrated in the states of Texas and Utah.
The announcement represents the company’s regular quarterly dividend distribution to shareholders. SM Energy made no changes to the dividend amount compared to previous payments.
In other recent news, SM Energy reported its second-quarter earnings for 2025, surpassing market expectations. The company achieved an earnings per share of $1.50, exceeding the forecasted $1.27, and reported revenue of $792.94 million, above the expected $785.7 million. These results highlight the company’s strong financial performance in the quarter. In leadership developments, SM Energy announced that CEO Herbert S. Vogel plans to retire on March 1, 2026. Elizabeth A. McDonald has been appointed as President and Chief Operating Officer, with plans for her to succeed Vogel as President and CEO upon his retirement. These changes in leadership mark a significant transition period for the company. Additionally, the company’s board has expressed confidence in McDonald’s ability to lead SM Energy into the future.
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