YARDLEY, PA — Smart Sand, Inc. (NASDAQ: SND) has declared a special cash dividend of $0.05 per share, signaling a renewed push to return capital to shareholders as the company continues to emphasize cost control and operational efficiency. The dividend will be paid December 16, 2025, to shareholders of record as of December 2.
Chief Executive Officer Charles Young said the payout reflects the company’s focus on strengthening its balance sheet and generating additional avenues for shareholder returns. He noted that Smart Sand intends to continue evaluating ways to improve productivity and manage expenses across its operations.
Smart Sand supplies frac and industrial sand through a fully integrated mine-to-wellsite model. The company produces Northern White sand, a high-quality proppant used to improve hydrocarbon recovery in hydraulic fracturing. Its materials are also used in a wide range of industrial applications, including glassmaking, filtration, ceramics, building products and turf systems.
In addition to mining and processing operations in Wisconsin and Illinois, Smart Sand provides logistics services through in-basin transloading terminals and its SmartSystems storage and sand management platform. With access to four Class I rail lines, the company is positioned to distribute products across the United States and Canada.
The dividend reflects ongoing efforts by energy-aligned suppliers to strengthen shareholder value amid shifting demand and cost pressures across the oilfield services sector. Smart Sand said it will continue evaluating opportunities to reinvest in operations while maintaining the financial flexibility needed to support future distributions.
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