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

YARDLEY, Pa., Nov. 18, 2025 /PRNewswire/ -- Smart Sand, Inc. (NASDAQ: SND) ("Smart Sand" or the "Company") announced today that its board of directors has declared a special cash dividend on the Company's common stock of $0.05 per share, payable on December 16, 2025, to stockholders of record as of the close of business on December 2, 2025.

"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 Wisconsin and Illinois, which have access to four Class I rail lines, allowing the Company to deliver products substantially anywhere in the United States and Canada. For more information, please visit www.smartsand.com.

Contact:

Lee Beckelman
Phone: (281) 231-2660
Email: lbeckelman@smartsand.com 

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SOURCE Smart Sand, Inc.

FAQ

What special dividend did Smart Sand (SND) declare on November 18, 2025?

Smart Sand declared a $0.05 per share special cash dividend.

Who is eligible for Smart Sand's (SND) $0.05 special dividend?

Stockholders of record at the close of business on December 2, 2025 are eligible.

When will Smart Sand (SND) pay the declared special dividend?

The special dividend is payable on December 16, 2025.

Does Smart Sand (SND) say how it will fund the $0.05 special dividend?

The announcement does not specify funding sources; it states the company will focus on cost management and efficiencies.

How much will a Smart Sand (SND) shareholder receive per share for the special dividend?

A shareholder receives $0.05 for each share owned as of the record date.

Did Smart Sand (SND) indicate future returns to shareholders beyond this dividend?

The company said it will continue to focus on cost management and efficiencies to generate additional ways to return value in the future.