YARDLEY, PA — Smart Sand Inc. (NASDAQ: SND) will pay a special cash dividend of $0.10 per share next month, extending its shareholder return program as the frac sand producer cites strong operating performance and balance sheet strength.
The company’s board declared the dividend payable Aug. 12 to shareholders of record at the close of business on July 28, Smart Sand stated.
The special dividend follows other capital return measures undertaken this year. According to the company, dividends and share repurchases have returned approximately $12 million to shareholders during 2026.
“We are pleased to continue returning capital to our stockholders,” Chief Executive Officer Charles Young said.
Young attributed the company’s capital return strategy to strong sales volumes, disciplined cost management and what he described as a healthy balance sheet, adding that Smart Sand intends to continue evaluating opportunities to return capital while investing in future growth.
Smart Sand supplies frac sand and logistics services to hydraulic fracturing operators and also serves industrial customers in markets including glass manufacturing, foundries, building products, filtration, geothermal energy, renewable energy, ceramics and landscaping.
The company operates sand mines and processing facilities in Wisconsin and Illinois. Those operations are connected to four Class I railroads, enabling distribution throughout the United States and Canada, according to the company.
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