SMART SAND, INC. DECLARES SPECIAL DIVIDEND OF $0.05 PER SHARE
Rhea-AI Summary
Smart Sand (NASDAQ: SND) declared a special cash dividend of $0.05 per share, payable on December 16, 2025 to stockholders of record at the close of business on December 2, 2025. The company said the dividend returns value to shareholders and that management will continue focusing on cost management and efficiencies to seek additional ways to return value.
Positive
- Special dividend of $0.05 per share declared
- Payment date set for December 16, 2025
- Record date set for December 2, 2025
- Management cites focus on cost management and efficiencies
Negative
- Per-share amount of $0.05 is small and may be immaterial to large holders
News Market Reaction – SND
In the Nov 19 session, SND gained 0.37%, reflecting a mild positive market reaction. Argus tracked a trough of -2.3% from its starting point during tracking. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
"We are happy to return value to our stockholders and will continue to focus on ways to manage our costs and maximize efficiencies to generate additional ways to return value to our stockholders in the future" said Charles Young, the Company's Chief Executive Officer.
About Smart Sand:
Smart Sand is a fully integrated frac and industrial sand supply and services company, offering complete mine to wellsite proppant and logistics solutions to our frac sand customers, and a broad offering of products for industrial sand customers. The Company produces low-cost, high quality Northern White sand, which is a premium sand used as a proppant to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. The Company's sand is also a high-quality product used in a variety of industrial applications, including glass, foundry, building products, filtration, geothermal, renewables, ceramics, turf & landscaping, retail, recreation and more. The Company offers logistics solutions to its customers through in-basin transloading terminals and its SmartSystems™ wellsite storage and sand management capabilities. Smart Sand owns and operates premium sand mines and related processing facilities in
Contact:
Lee Beckelman
Phone: (281) 231-2660
Email: lbeckelman@smartsand.com
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SOURCE Smart Sand, Inc.