Core Points - Smart Sand, Inc. has declared a special cash dividend of $0.05 per share, payable on December 16, 2025, to stockholders of record as of December 2, 2025 [1] - The CEO, Charles Young, emphasized the company's commitment to returning value to stockholders and managing costs to enhance efficiencies for future value returns [2] Company Overview - Smart Sand is a fully integrated frac and industrial sand supply and services company, providing complete solutions from mine to wellsite for frac sand customers and a wide range of products for industrial sand customers [3] - The company produces low-cost, high-quality Northern White sand, which is utilized as a proppant in hydraulic fracturing to improve hydrocarbon recovery rates, and is also used in various industrial applications such as glass, foundry, and building products [3] - Smart Sand operates premium sand mines and processing facilities in Wisconsin and Illinois, with access to four Class I rail lines, enabling product delivery across the United States and Canada [3]
SMART SAND, INC. DECLARES SPECIAL DIVIDEND OF $0.05 PER SHARE