SandRidge Mississippian Trust II (SDR) has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among energy companies, SDR shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent SDR share price of $12.18 represents a price-to-book ratio of 1.5 and an annual dividend yield of 17.60% — by comparison, the average energy stock in Dividend Channel's coverage universe yields 4.7% and trades at a price-to-book ratio of 2.6. The report also cited the strong quarterly dividend history at SandRidge Mississippian Trust II, and favorable long-term multi-year growth rates in key fundamental data points.
SDR's Strong Dividend History Helps Get It To The Top 10
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts