Smart Sand, Inc. Announces Special Cash Dividend of $0.10 Per Share to Reward Stockholders

Smart Sand, Inc. Declares Special Dividend

In a move aimed at affirming its commitment to shareholder value, Smart Sand, Inc. (NASDAQ: SND) has declared a special cash dividend of $0.10 per share. This announcement was made on July 23, 2025, with the dividend set to be distributed to shareholders on August 14, 2025, provided they are on record as of the close of business on August 4, 2025.

The Chief Executive Officer of the company, Charles Young, expressed enthusiasm about this decision, indicating it is part of Smart Sand's ongoing strategy to deliver value to its shareholders. Young emphasized the company’s dedication to maintaining efficiency and careful cost management in pursuit of providing ongoing returns to stockholders.

About Smart Sand, Inc.

Smart Sand is an integrated supplier of frac and industrial sand services, offering comprehensive logistics solutions alongside high-quality sand products. The company specializes in Northern White sand, recognized for its low-cost and high-quality attributes, utilized primarily as a proppant to enhance recovery rates of hydrocarbons in hydraulic fracturing processes for oil and natural gas production.

Beyond its primary role in the oil and gas industry, Smart Sand’s products serve various industrial applications. This includes uses in glass production, foundry impressions, building materials, filtration systems, and innovative offerings in geothermal energy, ceramics, landscaping, and recreation, showcasing the versatility and critical nature of their product range.

To ensure efficiency in service delivery, Smart Sand provides logistics capabilities through an extensive network of in-basin transloading terminals as well as advanced storage and sand management solutions under its SmartSystems™ brand. Their facilities, located in Wisconsin and Illinois, have access to multiple Class I rail lines, enabling efficient delivery of products across the United States and Canada.

Market Context and Future Outlook

The announcement of the dividend comes during a challenging financial period for many, making Smart Sand’s decision to return cash to its shareholders even more noteworthy. The strategic move not only reinforces investor confidence but also positions Smart Sand favorably against competitors in a crowded market landscape.

Smart Sand continues to focus on maximizing operational efficiencies and managing cost structures effectively. By doing so, the company aspires to build platforms for future growth and sustainability, ultimately aiming for long-term benefits for its stockholders.

In summary, Smart Sand is taking significant steps towards enhancing shareholder value through this recent dividend declaration and continues to establish itself as a key player in the frac and industrial sand market. As the company looks towards the future, its commitment to operational excellence and shareholder return will be critical in navigating the evolving market dynamics. For more information regarding their operations and updates, stakeholders can visit their website at www.smartsand.com.