SND - NASDAQ
Smart Sand, Inc.
$5.71
+12%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.
At a Glance
Live SnapshotSmart Sand, Inc. Dividend History
SND Dividend Payment History
Total Payments
4
Latest Dividend
$0.1000
Annual Amount
$0.2500
Frequency
Semi-Annual
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Apr 9, 2026 | Apr 22, 2026 | May 5, 2026 | $0.1000 | $0.1000 | Semi-Annual | +100.00% |
Nov 18, 2025 | Dec 2, 2025 | Dec 16, 2025 | $0.0500 | $0.0500 | Quarterly | -50.00% |
Jul 23, 2025 | Aug 4, 2025 | Aug 14, 2025 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Oct 3, 2024 | Oct 15, 2024 | Oct 28, 2024 | $0.1000 | $0.1000 | Quarterly | - |
Smart Sand, Inc. Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Dividend Growth
Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.
Sustainability
Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.
Key Insight
Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.
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