SM Energy Stock To Go Ex-dividend Tomorrow (SM)

NEW YORK ( TheStreet) -- The ex-dividend date for SM Energy (NYSE: SM) is tomorrow, April 25, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $64.32 as of 9:30 a.m. ET, the dividend yield is 0.2%.

The average volume for SM Energy has been 826,400 shares per day over the past 30 days. SM Energy has a market cap of $4.26 billion and is part of the basic materials sector and energy industry. Shares are down 12.1% year to date as of the close of trading on Monday.

SM Energy Company, an independent energy company, together with its subsidiaries, engages in the acquisition, exploration, exploitation, development, and production of crude oil, natural gas, and natural gas liquids in North America. The company has a P/E ratio of 20, below the average energy industry P/E ratio of 20.8 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates SM Energy as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full SM Energy Ratings Report.

See our dividend calendar or top-yielding stocks list.
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