Smart Sand (NASDAQ: SND) declares $0.10 special dividend, $12M returned YTD
Rhea-AI Filing Summary
Smart Sand, Inc. declared a special cash dividend of $0.10 per share on its common stock. The dividend is payable on August 12, 2026 to stockholders of record as of the close of business on July 28, 2026.
The company stated that, including this dividend, it has returned approximately $12 million to stockholders year to date in 2026 through dividends and share repurchases. Management attributes this capital return to strong sales volumes, a healthy balance sheet and disciplined cost management while continuing to invest in future growth.
Positive
- The board approved a special cash dividend of $0.10 per share, contributing to a total of approximately $12 million returned to stockholders year to date in 2026 via dividends and share repurchases.
Negative
- None.
8-K Event Classification
3 items: 7.01, 8.01, 9.01
3 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Special dividend per share: $0.10 per share
Dividend payment date: August 12, 2026
Dividend record date: July 28, 2026
+1 more
4 metrics
Special dividend per share
$0.10 per share
Declared July 16, 2026 on common stock
Dividend payment date
August 12, 2026
Payment date for the $0.10 per share special dividend
Dividend record date
July 28, 2026
Stockholders of record on this date receive the special dividend
Capital returned year to date 2026
approximately $12 million
Returned to stockholders through dividends and share repurchases including this dividend
Key Terms
special cash dividend, stockholders of record, hydraulic fracturing, proppant, +2 more
6 terms
special cash dividend financial
"declared a special cash dividend on the Company’s common stock of $0.10 per share"
A special cash dividend is a one-time, extra cash payment a company gives to its shareholders in addition to its regular dividends, like a bonus check sent out when a business has more cash than usual. It matters to investors because it delivers immediate cash value, can signal that the company has strong short-term cash or limited opportunities to reinvest, and typically reduces the company’s cash reserves and may affect the stock price and tax treatment for recipients.
stockholders of record financial
"payable on August 12, 2026, to stockholders of record as of the close of business"
Stockholders of record are the people or entities whose names appear on a company's official shareholder list on a specific cutoff date set by the company or its transfer agent; only those listed are entitled to receive dividends, vote at shareholder meetings, or participate in other corporate actions. Think of it like a guest list for an event: being on the list on the set day determines who gets the benefits and rights, so investors must own shares before the cutoff to qualify.
hydraulic fracturing technical
"used as a proppant to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil"
Hydraulic fracturing is a method for extracting oil and natural gas that involves injecting pressurized fluid and small solid particles into underground rock to create and hold open tiny cracks, allowing trapped fuel to flow to a well. For investors, it matters because successful fracturing can sharply increase a well’s output and revenue potential, while also carrying higher upfront costs, regulatory scrutiny, and environmental risks that can affect a company’s value.
proppant technical
"a premium sand used as a proppant to enhance hydrocarbon recovery rates"
in-basin transloading terminals technical
"offers logistics solutions to its customers through in-basin transloading terminals"
Class I rail lines technical
"facilities in Wisconsin and Illinois, which have access to four Class I rail lines"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What special dividend did Smart Sand (SND) declare in July 2026?
Smart Sand declared a special cash dividend of $0.10 per share on its common stock. The dividend will be paid on August 12, 2026 to stockholders of record as of the close of business on July 28, 2026.
When will Smart Sand (SND) pay the special dividend and what is the record date?
The special dividend will be paid on August 12, 2026. Stockholders must be on record by the close of business on July 28, 2026 to receive the $0.10 per share dividend declared by Smart Sand’s board.
How much capital has Smart Sand (SND) returned to stockholders in 2026?
Including this special dividend, Smart Sand reports returning approximately $12 million to stockholders year to date in 2026. This total combines both dividends and share repurchases, reflecting the company’s current capital return activities.
Why did Smart Sand (SND) say it is able to pay this special dividend?
Smart Sand cites strong sales volumes, a healthy balance sheet and disciplined cost management as support for the special dividend. Management also notes it remains positioned to pursue opportunities to enhance stockholder value while investing in future growth.
What business does Smart Sand (SND) operate?
Smart Sand is a fully integrated frac and industrial sand supply and services company. It provides mine-to-wellsite proppant and logistics solutions and produces Northern White sand for hydraulic fracturing and various industrial applications such as glass, building products and filtration.
How can investors contact Smart Sand (SND) about the special dividend?
Investor contact is Chief Financial Officer Lee Beckelman. He can be reached by phone at (281) 231-2660 or by email at lbeckelman@smartsand.com, as provided in the company’s announcement of the special dividend.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________________________
FORM 8-K
________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 16, 2026
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
(Address of principal executive offices and zip code)
Registrant’s telephone number, including area code: (281 ) 231-2660
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01. Regulation FD Disclosure.
On July 16, 2026, Smart Sand, Inc. (the “Company”) issued a press release regarding the Dividend (as defined below). A copy of the press release is furnished as Exhibit 99.1 to this report. Exhibit 99.1 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 8.01. Other Events.
On July 16, 2026, the Board of Directors of the Company declared a special dividend of $0.10 per share of common stock, to be paid on August 12, 2026 to stockholders of record at the close of business on July 28, 2026 (the “Dividend”).
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit Number | Description | |||||||
99.1 | Press Release | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SMART SAND, INC. | |||||||||||||||||||||||
| Dated: | July 20, 2026 | By: | /s/ Lee E. Beckelman | ||||||||||||||||||||
| Lee E. Beckelman | |||||||||||||||||||||||
| Chief Financial Officer | |||||||||||||||||||||||
SMART SAND, INC. DECLARES SPECIAL DIVIDEND OF $0.10 PER SHARE
YARDLEY, Pennsylvania, July 16, 2026 (PR Newswire) -- 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 August 12, 2026, to stockholders of record as of the close of business on July 28, 2026.
“We are pleased to continue returning capital to our stockholders,” said Charles Young, the Company’s Chief Executive Officer. “Including this dividend, Smart Sand has returned approximately $12 million to stockholders year to date in 2026 through dividends and share repurchases. Supported by strong sales volumes, a healthy balance sheet and disciplined cost management, we remain well positioned to pursue additional opportunities to enhance stockholder value while investing in future growth.”
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 SmartSystemsTM 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
Phone: (281) 231-2660
Email: lbeckelman@smartsand.com