Pennsylvania Yardley, November 5th / PRNewswire / -- Smart Sand, Inc. (Nasdaq ticker: SND) ("Smart Sand" or "the Company") announced today that its board of directors has decided to distribute a special cash dividend of $0.05 per share, with the payment date set for November 30, 2026, and the registration deadline for registered shareholders being at the close of trading on November 18, 2026.
The company's CEO, Charles Young, stated: "We are delighted to continue to return capital to our shareholders. Including this dividend, Smart Sand has returned approximately $14 million to shareholders through dividends and stock repurchases so far in 2026. Thanks to strong sales volumes, a solid balance sheet, and strict cost management, we are still in a favorable position to seek more opportunities to enhance shareholder value while investing in future growth."
About Smart Sand:
Smart Sand is an integrated fracturing sand and industrial sand supply and service company that provides fracturing sand customers with comprehensive proppant and logistics solutions from the mine to the well site, and offers a wide range of products to industrial sand customers. The company produces low-cost, high-quality North White Sand, which is a premium sand used as a proppant in hydraulic fracturing of oil and gas wells and helps to improve hydrocarbon recovery rates. The company's sand products are also suitable for various industrial applications, including glass, foundry, building materials, filtration, geothermal energy, renewable energy, ceramics, lawns and landscaping, retail, and leisure industries. The company also provides logistics solutions to its customers through transfer terminals within the basin, as well as well-site storage and sand management capabilities provided by SmartSystemsTM. Smart Sand owns and operates high-quality sand mines and related processing facilities in Wisconsin and Illinois, which are connected to four major railway lines, enabling the company to deliver its products to most regions of the United States and Canada. For more information, please visit www.smartsand.com.
Contact Information:
Lee Beckelman
Telephone: (281) 231-2660
Email: lbeckelman @ smartsand.com
