SandRidge Mississippian Trust II (NYSE:SDR) announced a quarterly dividend on Thursday, October 24th, Zacks reports. Investors of record on Friday, November 8th will be given a dividend of 0.013 per share by the oil and gas producer on Friday, November 22nd. This represents a $0.05 annualized dividend and a yield of 22.03%. The ex-dividend date is Thursday, November 7th.
Shares of NYSE:SDR remained flat at $$0.24 on Tuesday. 11,177 shares of the company’s stock were exchanged, compared to its average volume of 368,013. The company has a market cap of $10.94 million, a price-to-earnings ratio of 1.22 and a beta of 1.14. SandRidge Mississippian Trust II has a 52 week low of $0.20 and a 52 week high of $1.28. The business has a fifty day simple moving average of $0.43 and a 200-day simple moving average of $0.63.
SandRidge Mississippian Trust II (NYSE:SDR) last issued its earnings results on Tuesday, August 13th. The oil and gas producer reported $0.04 earnings per share for the quarter. The company had revenue of $2.80 million for the quarter. SandRidge Mississippian Trust II had a net margin of 66.85% and a return on equity of 21.99%.
SandRidge Mississippian Trust II Company Profile
SandRidge Mississippian Trust II holds royalty interests in oil and natural gas properties. The company's properties are located in the Mississippian formation in Alfalfa, Grant, Kay, Noble, and Woods counties in northern Oklahoma and Barber; and Comanche, Harper, and Sumner counties in southern Kansas.
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