Smart Sand (NASDAQ:SND) Shareholders to Get $0.05 Special Dividend

Smart Sand (NASDAQ:SND) declared a special dividend on Thursday, November 5th. Stockholders of record on Wednesday, November 18th will be paid a dividend of $0.05 per share on Monday, November 30th. The ex-dividend date is Wednesday, November 18th.

Smart Sand Trading Down 10.5%

Shares of SND stock opened at $3.91 on Friday. The stock has a market cap of $165.78 million, a P/E ratio of 15.04 and a beta of 0.43. The company has a quick ratio of 1.11, a current ratio of 1.69 and a debt-to-equity ratio of 0.04. Smart Sand has a fifty-two week low of $2.08 and a fifty-two week high of $5.92. The business has a fifty day simple moving average of $5.11 and a 200-day simple moving average of $4.88.

Smart Sand (NASDAQ:SND) last released its quarterly earnings data on Tuesday, August 11th. The company reported $0.25 EPS for the quarter. The business had revenue of $115.05 million for the quarter. Smart Sand had a net margin of 2.71% and a return on equity of 4.41%.

Smart Sand Company Profile

Smart Sand, Inc is a proppant and logistics company that supplies high-quality frac sand to the North American oil and natural gas industry. Its products are used in hydraulic fracturing to keep underground fractures open, helping producers access hydrocarbons from shale and other unconventional formations.

The company produces Northern White sand from its mining and processing operations in Wisconsin. Its offerings include various grades and sizes of frac sand, along with related storage, handling, transportation and delivery services.