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Smart Sand, Inc., an integrated frac sand supply and services company, engages in the excavation, processing, and sale of sands or proppant for use in hydraulic fracturing operations in the oil and gas industry in the United States. It also provides logistics services; and SmartSystems, a wellsite proppant storage solution. The company sells its products primarily to oil and natural gas exploration and production companies, oilfield service companies, and industrial manufacturers. As of December 31, 2021, it had approximately 250 million tons of proven and probable recoverable sand reserves. Smart Sand, Inc. was incorporated in 2011 and is headquartered in The Woodlands, Texas.

Smart Sand Dividend Announcement

• Smart Sand announced a annually dividend of $0.10 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-10-15
• Smart Sand annual dividend for 2024 was $0.10
• Smart Sand's trailing twelve-month (TTM) dividend yield is 4.33%
• Smart Sand's payout ratio for the trailing twelve months (TTM) is -1.01%

Smart Sand Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-15$0.10annually2024-10-28

Smart Sand Dividend per year

Smart Sand Dividend Yield

Smart Sand current trailing twelve-month (TTM) dividend yield is 4.33%. Interested in purchasing Smart Sand stock? Use our calculator to estimate your expected dividend yield:

Smart Sand Financial Ratios

P/E ratio-16.26
PEG ratio-0.16
P/B ratio0.37
ROE-2.28%
Payout ratio-1.01%
Current ratio1.71
Quick ratio0.98
Cash Ratio0.19

Smart Sand Dividend FAQ

Does Smart Sand stock pay dividends?
Smart Sand does not currently pay dividends to its shareholders.
Has Smart Sand ever paid a dividend?
No, Smart Sand has no a history of paying dividends to its shareholders. Smart Sand is not known for its dividend payments.
Why doesn't Smart Sand pay dividends?
There are several potential reasons why Smart Sand would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Smart Sand ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Smart Sand has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Smart Sand a dividend aristocrat?
Smart Sand is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Smart Sand a dividend king?
Smart Sand is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Smart Sand a dividend stock?
No, Smart Sand is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Smart Sand stocks?
To buy Smart Sand you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Smart Sand stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.