Smart Sand, Inc. Declares Special Dividend: Navigating Shareholder Returns Amid Market Volatility

Smart Sand, Inc. (NASDAQ:SND) has announced a special cash dividend of $0.05 per share, set to be paid on December 17, 2025. This is the company's second special dividend this year, following a $0.10 per share payout in July. The move highlights Smart Sand's evolving capital allocation strategy, aimed at rewarding investors directly. The company has reported mixed financial performance, with revenues increasing in 2024 but earnings declining. However, it has returned to profitability in the last twelve months and reported strong cash flow from operations in Q3 2025. The stock has shown positive momentum, with a 52% gain over the past six months.