SM Energy Company (SM) Dividend History
Income profile from 1993 to 2026 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
Payout ratio data not available yet.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 15.7% and trend is rising.
Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (34 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
SM Energy Company has limited earnings payout data (Unknown). When measured against free cash flow—a stricter test—the payout ratio stands at 54.5%, rated "Adequate".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
SM has raised its dividend for 4 consecutive years, with a 3-year CAGR of 84.2% and 5-year CAGR of 118.7%.
Total Shareholder Returns
Beyond cash dividends, SM returns capital through share repurchases. The combined picture: 3.5% dividend yield, 0.5% buyback yield, 3.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 15.7% and is currently rising. The 5-year total return is 79.9%, with dividends contributing 17.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $57,677 today.
Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 9, 2026Latest | $0.2200 | ↑ +10.0% | 3.55% | Mar 23, 2026 |
| Dec 26, 2025 | $0.2000 | — | 4.32% | Jan 9, 2026 |
| Oct 17, 2025 | $0.2000 | — | 3.76% | Nov 3, 2025 |
| Jul 18, 2025 | $0.2000 | — | 3.09% | Aug 4, 2025 |
| Apr 17, 2025 | $0.2000 | — | 3.39% | May 5, 2025 |
| Jan 24, 2025 | $0.2000 | — | 1.90% | Feb 3, 2025 |
| Oct 25, 2024 | $0.2000 | ↑ +11.1% | 1.70% | Nov 4, 2024 |
| Jul 19, 2024 | $0.1800 | — | 1.48% | Aug 5, 2024 |
Dividend Peer Comparison
Peer group: U.S. shale oil focused producers
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd SMSM Energy Company | $2.7B | 3.5% | — | 4 | Unknown |
EOGEOG Resources, Inc. | $67.3B | 3.2% | — | 1 | Unknown |
FANGDiamondback Energy, … | $49.5B | 2.3% | 69.5% | 0 | Watch |
DVNDevon Energy Corpora… | $27.0B | 2.3% | 23.4% | 0 | Sustainable |
OVVOvintiv Inc. | $12.8B | 2.3% | 24.8% | 5 | Sustainable |
MTDRMatador Resources Co… | $6.5B | 2.5% | — | 5 | Unknown |
2nd CHRDChord Energy Corpora… | $6.2B | 5.1% | — | 0 | Unknown |
1st CIVICivitas Resources, I… | $2.3B | 18.2% | 58.9% | 0 | Sustainable |
PRPermian Resources Co… | $1.5B | 3.3% | — | 0 | Unknown |
Annual Dividend History
37 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.22 | — | 1 | — | — | — | 3.5% |
| 2025 | $1.00 | 35.1% | 5 | $5.64 | 17.7% | 5.64x | 15.7% |
| 2024 | $0.74 | 23.3% | 4 | $6.67 | 11.1% | 9.01x | 11.6% |
| 2023 | $0.60 | 275.0% | 4 | $6.86 | 8.7% | 11.43x | 9.4% |
| 2022 | $0.16 | 700.0% | 2 | $8.96 | 1.8% | 56.00x | 2.5% |
| 2021 | $0.02 | 0.0% | 2 | $0.29 | 6.9% | 14.50x | 0.3% |
| 2020 | $0.02 | -80.0% | 2 | $-6.72 | — | — | 0.3% |
| 2019 | $0.10 | 0.0% | 2 | $-1.66 | — | — | 1.6% |
| 2018 | $0.10 | 0.0% | 2 | $4.48 | 2.2% | 44.80x | 1.6% |
| 2017 | $0.10 | 0.0% | 2 | $-1.44 | — | — | 1.6% |
See SM's True Return
Price is only half the story. See total return with reinvested dividends.
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View ValuationCompare SM vs CRC
See how SM stacks up against sector leader California Resources Corporation.
Start ComparisonFrequently Asked Questions
How much dividend does SM pay per share?
SM Energy Company (SM) pays a trailing 12-month dividend of $0.80 per share, with a current dividend yield of +3.5%. Payments are made Annual.
When is SM's next ex-dividend date?
SM's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. SM typically pays dividends Annual.
Is SM's dividend safe?
SM's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of +54.5%. The 4-year growth streak provides moderate confidence.
Is SM a Dividend Payer?
Yes, SM Energy Company is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is +118.7%, demonstrating above-inflation dividend growth.
How often does SM pay dividends?
SM Energy Company pays dividends Annual. The trailing 12-month total is $0.80 per share. Dividend data on this page covers 33+ years from 1993 to 2026.
How much would $10,000 invested in SM grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in SM five years ago would be worth approximately $17,987 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is SM's yield on cost for long-term holders?
SM's yield on cost — the current dividend divided by the original purchase price — is +15.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.5% market yield, thanks to consistent dividend growth.