Smart Sand Declares $0.10 Special Dividend
Smart Sand, Inc., a frac and industrial sand supplier, declared a special cash dividend of $0.10 per share. The dividend will be paid to shareholders of record as of April 22, 2026.
Smart Sand, Inc. (NASDAQ: SND), a fully integrated frac and industrial sand supply and services company, declared a special cash dividend of $0.10 per share on April 9, 2026. Read more dividend announcements.
The dividend will be paid on May 5, 2026, to stockholders of record at the close of business on April 22, 2026.
| Dividend Details | |
|---|---|
| Amount | $0.10 per share |
| Type | Special |
| Record Date | April 22, 2026 |
| Payment Date | May 5, 2026 |
Charles Young, the company's chief executive officer, said the dividend reflects Smart Sand's focus on cost discipline and operational efficiency. "Our ongoing focus on cost discipline, operational efficiency, and maintaining a strong balance sheet positions us to continue evaluating opportunities to return value to stockholders over time," Young said.
Smart Sand produces Northern White sand used as a proppant in hydraulic fracturing operations. The company also supplies sand for industrial applications including glass manufacturing, foundry operations, building products, and filtration systems.
The company operates sand mines and processing facilities in Wisconsin and Illinois with access to four Class I rail lines. Smart Sand provides logistics solutions through in-basin transloading terminals and wellsite storage capabilities.