SM Energy Company
SMEnergy · Stock · quarterly payer
Forward Yield
2.23%
Annual Dividend
$0.82
Payout Ratio
—
5-Yr Growth
82.1%
Ex-Date
—
Frequency
Quarterly
Summary
As of September 2026, SM Energy Company (SM) yields 2.23% ($0.82 per share annually), with a blended fair-value estimate of $33.14 — -9% downside, so it screens as fairly valued. Dividend safety grade: B (66/100). 4 years of dividend growth.
Is SM a good dividend stock?
Yes, with caveatsSM Energy Company (SM) pays a quarterly dividend yielding 2.23% ($0.82/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Strong 82.1% 5-yr dividend growth
Risks
- Cut its dividend in 2020
Key Data
- Dividend Yield
- 2.23%
- Payout Ratio
- —
- Annual Dividend
- $0.82
- 5-Yr Avg Growth
- 82.1%
- Ex-Dividend Date
- —
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.74
- Market Cap
- $8.9B
- P/E Ratio
- 6.8
- 5-Yr Total Return
- 39%
- 52-Week Range
- $17.45 – $38.25
- Dividend Safety
- B · 66/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
SM Price — Last 12 Months
Daily close
Price Return
1 Year
+47%
3 Years
-8%
5 Years
+39%
52-Week Range
$17.45 – $38.25
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SM worth?
Fairly valuedlow confidenceOur blended fair-value estimate for SM Energy Company is $33.14 per share, versus a market price of $36.62. That implies the stock is roughly fairly priced.
Fair Value
$33.14
Current Price
$36.62
Gap
-9%
Margin of Safety
-10%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 9.4% annual free-cash-flow growth. We model 3.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.0% discount rate (CAPM), 3.0% stage-1 growth, 2.5% terminal growth, $5.61 EPS, $0.88 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SM Dividend Safety Score
Safe
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 8, 2026 | — | $0.2200 | regular |
| Mar 9, 2026 | — | $0.2200 | regular |
| Dec 26, 2025 | — | $0.2000 | regular |
| Oct 17, 2025 | — | $0.2000 | regular |
| Jul 18, 2025 | — | $0.2000 | regular |
| Apr 17, 2025 | — | $0.2000 | regular |
| Jan 24, 2025 | — | $0.2000 | regular |
| Oct 25, 2024 | — | $0.2000 | regular |
| Jul 19, 2024 | — | $0.1800 | regular |
| Apr 18, 2024 | — | $0.1800 | regular |
| Jan 18, 2024 | — | $0.1800 | regular |
| Oct 23, 2023 | — | $0.1500 | regular |
| Jul 20, 2023 | — | $0.1500 | regular |
| Apr 20, 2023 | — | $0.1500 | regular |
Income Calculator
At $0.82 / yr per share
