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YARDLEY, Pa. - Smart Sand, Inc. (NASDAQ:SND), currently trading at $1.92 per share with a market capitalization of $84.2 million, announced Wednesday that its board of directors has declared a special cash dividend of $0.10 per share on the company’s common stock. According to InvestingPro analysis, the company maintains strong liquidity with a current ratio of 1.75.
The dividend will be payable on August 14, 2025, to stockholders of record as of the close of business on August 4, 2025, according to a company press release.
"We are excited to continue our strategy of returning value to our stockholders through this special dividend," said Charles Young, Smart Sand’s Chief Executive Officer.
Smart Sand is a frac and industrial sand supply and services company that produces Northern White sand used as proppant in hydraulic fracturing of oil and natural gas wells. The company also supplies sand products for various industrial applications including glass, foundry, building products, and filtration.
The company operates sand mines and processing facilities in Wisconsin and Illinois with access to four Class I rail lines for product distribution across the United States and Canada.
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