Smart Sand, Inc. Announces $0.10 Special Dividend

What Happened

• Smart Sand, Inc. (SND) filed an 8-K on July 20, 2026 disclosing that its Board of Directors declared a special cash dividend of $0.10 per share of common stock on July 16, 2026. The dividend is payable on August 12, 2026 to stockholders of record at the close of business on July 28, 2026. The company furnished a press release about the dividend as Exhibit 99.1 to the filing.

Key Details

• Dividend amount: $0.10 per share (special dividend).
• Declaration date: July 16, 2026; 8-K filed: July 20, 2026.
• Record date: July 28, 2026; Payment date: August 12, 2026.
• Press release related to the Dividend was furnished as Exhibit 99.1 (not “filed” under Section 18 of the Exchange Act).

Why It Matters

• This is an immediate cash return to shareholders: holders on the July 28 record date will receive the stated payment on August 12.
• Special dividends reduce available corporate cash reserves and are a direct way management distributes excess cash to investors; shareholders and prospective investors should note the timing and amount when evaluating near-term cash yield and company liquidity.