Smart Sand, Inc. 8-K
Research Summary
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Smart Sand, Inc. Announces $0.10 Special Dividend
What Happened Smart Sand, Inc. (SND) filed an 8-K on April 9, 2026 announcing that its Board of Directors declared a special dividend of $0.10 per share of common stock. The dividend will be paid on May 5, 2026 to stockholders of record at the close of business on April 22, 2026. The company furnished a press release about the dividend as Exhibit 99.1 to the filing.
Key Details
- Declaration date: April 9, 2026 (Board of Directors).
- Dividend amount: $0.10 per share (special dividend).
- Record date: April 22, 2026 (close of business).
- Payment date: May 5, 2026.
- Press release furnished as Exhibit 99.1 (Regulation FD disclosure); exhibit is furnished, not filed. Filing signed by CFO Lee E. Beckelman.
Why It Matters A special dividend is a one-time cash distribution that returns capital to shareholders outside of regular quarterly dividends. For retail investors, this provides a clear near-term cash benefit tied to ownership on the record date and may reflect the company’s available cash or capital allocation choices. The 8-K gives the formal timing and amount investors need to know to qualify for the payment.
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