StockWatch
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Apparel
DividendAug 10, 2026, 04:49 PM

Smartbird Declares $0.31 Special Dividend from Footwear Sale Proceeds

AI Summary

Smartbird, Inc. announced a special dividend of $0.31 per share of common stock, payable from the proceeds of the sale of its footwear business. The dividend is for stockholders of record as of June 25, 2026, with an anticipated payment date of August 20, 2026. The company also indicated that an additional dividend might be paid from any remaining net proceeds after transitional and post-closing matters related to the sale are concluded.

Key Highlights

  • Declared a special dividend of $0.31 per share of common stock.
  • Dividend payable from the proceeds of the sale of the Company's footwear business.
  • Record date for the special dividend is June 25, 2026.
  • Anticipated payment date for the dividend is August 20, 2026.
  • Company may pay an additional dividend from remaining sale net proceeds.