On August 6, 2026, the Board of Directors declared a special cash dividend of $0.31 per share of common stock. The payment is funded by proceeds from the sale of the Company's footwear business to shareholders of record as of June 25, 2026. Payment is scheduled for August 20, 2026. The company may pay an additional dividend depending on available net proceeds after closing matters. Smartbird, Inc. operates in the consumer discretionary sector, specifically designing and selling footwear.
