SandRidge Energy (SDOC) to Suspend Preferred Stock Dividend

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SandRidge Energy, Inc. Announces Suspension of Semi-Annual Preferred Stock Dividend

January 8, 2016 7:30 AM EST

OKLAHOMA CITY, Jan. 8, 2016 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company") (OTC PINK: SDOC) today announced that its Board of Directors has decided to suspend payment of the $4.25 per share semi-annual dividend on shares of its 8.5% Convertible Perpetual Preferred Stock.

The dividend suspension... More