Smart Sand (SND) to Issue Special Dividend of $0.05 on November 30th

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

Smart Sand Trading Down 8.4%

Shares of SND opened at $3.58 on Friday. The company has a market cap of $151.79 million, a P/E ratio of 17.77 and a beta of 0.43. The company has a current ratio of 1.69, a quick ratio of 1.11 and a debt-to-equity ratio of 0.04. Smart Sand has a twelve month low of $2.08 and a twelve month high of $5.92. The company’s fifty day simple moving average is $5.08 and its 200-day simple moving average is $4.88.

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

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.