Current swn Stock Info

On March 16, 2015, Southwestern Energy (ticker: SWN) announced a quarterly dividend payment on the company’s 6.25% Series B Mandatory Convertible Preferred Stock. Southwestern has elected to make this payment in common shares as opposed to cash, or a “payment-in-kind” (PIK) dividend.

Southwestern’s quarterly dividend amounts to $27.3 million that will be paid using up to 3.35 million shares of common stock, with any discrepancy between the value of the shares and the dividend payment being accounted for with cash. The prospectus filed by Sou...

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