SandRidge Energy Announces $0.12 Dividend Payment, Earnings Coverage and Future Dividend Growth Potential.

SandRidge Energy has announced a dividend of $0.12 per share, which is in line with the average for the industry. The company's earnings per share are expected to rise by 39.7% over the next year, potentially leading to a sustainable payout ratio of 18%. While the dividend has only been paid for two years, it has grown at a rate of 9.5% per annum. Overall, SandRidge Energy's dividend looks solid and could potentially be raised in the future.