SM Energy Declares Semi-Annual Cash Dividend
DENVER -- April 16, 2013
SM Energy Company (NYSE: SM) today announces that its Board of Directors has
approved a semi-annual cash dividend of $0.05 per share of common stock
outstanding. The dividend will be paid on May 8, 2013, to stockholders of
record as of the close of business on April 26, 2013. The Company currently
has approximately 66.2 million shares of common stock outstanding.
The Company has paid cash dividends to its stockholders every year since 1940.
The Board of Directors plans to continue making semi-annual dividend payments
at the rate of $0.05 per share for the foreseeable future, subject in its sole
discretion to future earnings, capital requirements, financial condition,
contractual obligations, and other factors.
ABOUT THE COMPANY
SM Energy Company is an independent energy company engaged in the acquisition,
exploration, development, and production of crude oil, natural gas, and
natural gas liquids in onshore North America. SMEnergy routinely posts
important information about the Company on its website. For more information
about SM Energy, please visit its website at www.sm-energy.com.
SM Energy Company
James R. Edwards, 303-837-2444
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