SmarterDividends
SM

SM Energy Company

SM

Energy · Stock · quarterly payer

Forward Yield

2.59%

Annual Dividend

$0.88

Payout Ratio

43%

5-Yr Growth

82.1%

Ex-Date

Jun 8, 2026

Frequency

Quarterly

SM Dividend Safety Score

60/ 100
Grade C

Borderline

Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2020
Earnings payout coverage43% of earnings paid out
Free-cash-flow coverage15% of free cash flow
Balance-sheet strengthDebt/equity of 1.25
Yield vs its historyYield is 1.7× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is SM a good dividend stock?

Yes, with caveats

SM Energy Company (SM) pays a quarterly dividend yielding 2.59% ($0.88/yr), with 5 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (43%)
  • Strong 82.1% 5-yr dividend growth

Risks

  • Cut its dividend in 2020

Key Data

Dividend Yield
2.59%
Payout Ratio
43%
Annual Dividend
$0.88
5-Yr Avg Growth
82.1%
Ex-Dividend Date
Jun 8, 2026
Years of Growth
5
Frequency
quarterly
Beta
0.71
Market Cap
$8.1B
P/E Ratio
14.3
5-Yr Total Return
35%
52-Week Range
$17.45 – $35.88
Dividend Safety
C · 60/100
Ever Cut?
Yes (2020)
SM ex-dividend date & scheduleNext ex-date Jun 8, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.88 / yr per share

Per payment (quarterly)$22.00
Annual$88.00
Monthly avg$7.33