SandRidge Energy, Inc. (fka SDOCQ)

[catdaddyrt]

its all there in the DD yes 1billion for dividends ye haw


well today more shares were issued for the divi on the SDRXP preferreds -they will/are dumping them just like you saw yesterday from the bond holders I bet or as soon as they clear their account - someone was calling this a .50 stock and I think they are correct - I have been warning everyone here to be careful and take profits and not to go long on SD that's all I can do.

then in Aug. the SDRXN preferreds get millions of shares, they will dump them asap because everyday they hold them they lose money


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SandRidge Energy, Inc. Declares Semi-Annual Preferred Stock Dividend



04/01/2015

Download this Press Release



OKLAHOMA CITY, April 1, 2015 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that its Board of Directors has declared a $3.50 per share semi-annual dividend on its shares of 7.0% Convertible Perpetual Preferred Stock that will be paid in shares of Company Common Stock on May 15, 2015 to holders of record on May 1, 2015. Pursuant to Section 3A of the Certificate of Designation governing the terms of the Preferred Stock, for the purpose of the dividend payment, one share of Common Stock will be valued at 95% of the average of the per share volume-weighted average prices for the 15 consecutive trading day period ending April 28, 2015. The company has 3,000,000 shares of 7.0% Convertible Perpetual Preferred Stock outstanding.



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