SMART SAND, INC. DECLARES SPECIAL DIVIDEND OF $0.10 PER SHARE

Rhea-AI Summary

Smart Sand (NASDAQ: SND) declared a special cash dividend of $0.10 per share, payable May 5, 2026, to holders of record at the close of business April 22, 2026. Payment timeline and amount are specified; the company described the move as a return of capital while citing cost discipline and a strong balance sheet.

Positive

• Special dividend of $0.10 per share declared
• Dividend payable May 5, 2026 to holders of record April 22, 2026
• Management cites strong balance sheet and cost discipline as support for returning capital

Negative

• No ongoing dividend commitment specified; company will continue evaluating returns rather than guarantee future payouts

News Market Reaction – SND

+1.44%

+1.44% Session close to close

In the Apr 10 session, SND gained 1.44%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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YARDLEY, Pa., April 9, 2026 /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 $0.10 per share, payable on May 5, 2026, to stockholders of record as of the close of business on April 22, 2026.

"We are pleased to continue returning capital to our stockholders through this dividend," said Charles Young, the Company's Chief Executive Officer. "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."

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 dividend did Smart Sand (SND) announce on April 9, 2026?

Smart Sand announced a special cash dividend of $0.10 per share. According to the company, the dividend is payable May 5, 2026, to stockholders of record at the close of business April 22, 2026.

When will Smart Sand (SND) shareholders receive the special dividend declared April 9, 2026?

The special dividend is scheduled to be paid on May 5, 2026. According to the company, eligible shareholders are those of record at the close of business April 22, 2026.

Who is eligible for Smart Sand's (SND) $0.10 special dividend announced April 9, 2026?

Shareholders of record at the close of business on April 22, 2026 are eligible. According to the company, the dividend will be paid on May 5, 2026 to those record holders.

Does Smart Sand (SND) promise ongoing dividends after the April 9, 2026 special dividend?

No ongoing dividend commitment was made; the company described continuing to evaluate opportunities to return value. According to the company, future payouts will be assessed over time.

Why did Smart Sand (SND) declare a special dividend on April 9, 2026?

The company cited returning capital while maintaining cost discipline and a strong balance sheet. According to the company, these factors position it to evaluate further shareholder returns over time.