Smart Sand Inc. (NASDAQ: SND), a provider of proppant and logistics solutions to the oil and gas industry, has declared a special cash dividend of $0.10 per share of common stock. The company's board of directors approved the one-time payout.
The dividend is payable on May 15, 2026, to shareholders of record as of the close of business on May 1, 2026. This special dividend reflects the company's current financial position and capital allocation strategy.
Smart Sand, headquartered in The Woodlands, Texas, is a low-cost producer of high-quality Northern White frac sand. The company operates mines and related processing facilities in Wisconsin and Illinois.
The announcement was made via a press release and a filing with the U.S. Securities and Exchange Commission (Form 8-K) on April 16, 2026. The company's regular quarterly cash dividend policy remains suspended, as previously communicated.
