News stories about SandRidge Mississippian Trust II (NYSE:SDR) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. SandRidge Mississippian Trust II earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the oil and gas producer an impact score of 46.788959041996 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of SandRidge Mississippian Trust II traded up $0.03, reaching $1.49, during midday trading on Friday, according to Marketbeat.com. 121,943 shares of the stock were exchanged, compared to its average volume of 243,667. SandRidge Mississippian Trust II has a twelve month low of $0.74 and a twelve month high of $2.00. The stock has a market capitalization of $72.60 million, a price-to-earnings ratio of 6.08 and a beta of 0.84.
The business also recently declared a quarterly dividend, which will be paid on Friday, August 24th. Investors of record on Friday, August 10th will be paid a $0.045 dividend. The ex-dividend date of this dividend is Thursday, August 9th. This represents a $0.18 dividend on an annualized basis and a yield of 12.08%.
About SandRidge Mississippian Trust II
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, Comanche, Harper, and Sumner counties in southern Kansas.
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