Smart Sand, Inc. Announces Special Dividend of $0.05 Per Share for Investors

Smart Sand, Inc. Declares Special Dividend of $0.05 Per Share

YARDLEY, Pa., Nov. 5, 2026 /PRNewswire/ -- Smart Sand, Inc. (NASDAQ: SND) has made a notable announcement regarding a special cash dividend for its shareholders. The company's board of directors has approved a dividend of $0.05 per share, which is scheduled to be paid out on November 30, 2026. This payout will benefit those stockholders who are on record as of the close of business on November 18, 2026.

Charles Young, the Chief Executive Officer of Smart Sand, expressed satisfaction with the company's continued efforts in returning capital to their investors. He mentioned that with this dividend, Smart Sand has returned approximately $14 million to shareholders in 2026 through dividends and share buybacks. This initiative highlights the company's robust financial health, characterized by strong sales volumes, a solid balance sheet, and disciplined cost management practices.

The focus on enhancing shareholder value does not come as a surprise, given Smart Sand’s commitment to both immediate returns and long-term growth strategies. By maintaining a strategic approach to capital allocation, the company aims to leverage potential opportunities that arise in the market while investing in future growth initiatives.

Smart Sand is a leading player in the frac sand industry, providing comprehensive supply and service solutions. The company's operations encompass everything from extraction at its mines to delivering proppants directly to the wellsite. The highlight of Smart Sand’s offerings includes Northern White sand, renowned for its low-cost and high quality, making it a favored proppant in the hydraulic fracturing process aimed at extracting oil and natural gas.

Apart from its roles in energy production, Smart Sand also caters to various industrial applications. The premium sand it produces is essential for industries such as glass, foundry production, construction materials, filtration, and ceramics, among others. Moreover, the company prides itself on its efficient logistics solutions through in-basin transloading facilities and the SmartSystems™ for wellsite storage and sand management.

Smart Sand operates several premium sand mining locations across Wisconsin and Illinois, strategically placed to utilize four Class I rail lines. This positioning enables the company to distribute its products extensively across the United States and into Canada, ensuring a timely and effective supply chain for its clients.

As Smart Sand continues to manage costs, maintain its service quality, and enhance shareholder returns, it also keeps an eye on expanding its footprint in the industry. Listening to market demands and innovating its services could very well position Smart Sand as not just a leader in the frac sand market, but also a robust contender in broader industrial applications.

For those interested in learning more about Smart Sand, detailed information about its operations and products can be found on their official website at www.smartsand.com.

As the dividend payout approaches, investors and stakeholders in Smart Sand will be keenly watching the company's next steps, and how it balances rewarding shareholders while investing in future opportunities that could drive sustained growth and value creation. The underlying performance metrics and the favorable market conditions suggest that Smart Sand is well-poised to navigate the competitive landscape ahead.

In conclusion, this latest announcement reinforces Smart Sand’s promise to its shareholders and exemplifies its strategy of combining short-term returns with long-term investments in growth.