Dividend On Watch: This is why SandRidge Mississippian Trust II (NYSE:SDR) will be paying investors dividends of $0.06 on Nov 25, 2016.

Dividend On Watch: This is why SandRidge Mississippian Trust II (NYSE:SDR) will be paying investors dividends of $0.06 on Nov 25, 2016.

SandRidge Mississippian Trust II (NYSE:SDR) is expected to pay $0.06 on Nov 25, 2016. The indicated annual dividend is $0.23. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on SandRidge Mississippian Trust II’s current price of $1.47, the dividend is 3.95%. This dividend’s record date is Nov 11, 2016 and the announcement date is Oct 28, 2016. The stock closed at $1.47 during the last session. It is down 16.00% since April 5, 2016 and is downtrending. It has underperformed by 17.96% the S&P500.

SandRidge Mississippian Trust II is a statutory trust. The company has a market cap of $72.09 million. The royalty interests conveyed by SandRidge Energy, Inc. from its interests in certain properties in the Mississippian formation in northern Oklahoma and southern Kansas and held by the Trust are referred to as the Royalty Interests. It has a 2.58 P/E ratio. The Trust holds Royalty Interests in specified oil and natural gas properties.

Insitutional Activity: The institutional sentiment decreased to 0.6 in 2016 Q2. Its down 0.11, from 0.71 in 2016Q1. The ratio dived, as 7 funds sold all SandRidge Mississippian Trust II shares owned while 8 reduced positions. 3 funds bought stakes while 6 increased positions. They now own 2.54 million shares or 10.20% more from 2.30 million shares in 2016Q1.
Royal State Bank Of Canada has 2,300 shares for 0% of their US portfolio. Amg National Tru Fincl Bank reported 102,739 shares or 0.02% of all its holdings. Morgan Stanley last reported 14,557 shares in the company. Gp Incorporated One Trading L P has 11,581 shares for 0% of their US portfolio. Jpmorgan Chase Co, a New York-based fund reported 69,665 shares. Citadel Advsrs Limited Liability Company has invested 0% of its portfolio in SandRidge Mississippian Trust II (NYSE:SDR). Thrivent Fincl For Lutherans holds 0% or 750 shares in its portfolio. Creative Planning has 0% invested in the company for 5,536 shares. Kcg Inc accumulated 0% or 18,282 shares. Pnc Financial Services Grp last reported 5,500 shares in the company. Susquehanna Intl Group Llp last reported 0% of its portfolio in the stock. Vsr Financial Svcs holds 0% of its portfolio in SandRidge Mississippian Trust II (NYSE:SDR) for 11,400 shares. Deutsche Commercial Bank Ag accumulated 0% or 10,530 shares. Sentinel Trust Communications Lba has invested 0% of its portfolio in SandRidge Mississippian Trust II (NYSE:SDR). Peak6 Limited Partnership last reported 1,500 shares in the company.

More notable recent SandRidge Mississippian Trust II (NYSE:SDR) news were published by: Fool.com which released: “Is SandRidge Mississippian Trust II Worth a Long-Term Investment?” on July 25, 2014, also Seekingalpha.com with their article: “SandRidge Mississippian Trust II – High Risk, Reward Getting Lower And Lower” published on May 08, 2016, Fool.com published: “I’m Selling Sandridge Mississippian Trust II” on March 21, 2014. More interesting news about SandRidge Mississippian Trust II (NYSE:SDR) were released by: Forbes.com and their article: “Why SandRidge Mississippian Trust II Is a Top 10 Energy Dividend Stock (SDR)” published on March 20, 2013 as well as Fool.com‘s news article titled: “Better Buy: SandRidge Energy Inc. or SandRidge Mississippian Trust II” with publication date: April 24, 2014.

SDR Company Profile

SandRidge Mississippian Trust II, incorporated on December 13, 2011, is a statutory trust. The royalty interests conveyed by SandRidge Energy, Inc. (SandRidge) from its interests in certain properties in the Mississippian formation in northern Oklahoma and southern Kansas and held by the Trust are referred to as the Royalty Interests. The Trust holds Royalty Interests in specified oil and natural gas properties 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 (the Underlying Properties).

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