Select Water Solutions Announces Quarterly Cash Dividend of $0.07 Per Share

Rhea-AI Summary

Select Water Solutions (NYSE: WTTR), a sustainable water and chemical solutions provider for the energy industry, has announced a quarterly cash dividend of $0.07 per share of Class A common stock. The dividend will be paid on May 16, 2025, to shareholders of record as of May 6, 2025.

Additionally, SES Holdings unitholders will receive a comparable distribution of $0.07 per unit under the same payment schedule. The company notes that all future dividend payments will be subject to quarterly review and approval by Select's Board of Directors.

Positive

• Consistent dividend payment maintained at $0.07 per share
• Equal treatment for both Class A shareholders and SES Holdings unitholders

Negative

• None.

News Market Reaction

-0.23%

1 alert

-0.23% News Effect

On the day this news was published, WTTR declined 0.23%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

GAINESVILLE, Texas, April 24, 2025 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions to the energy industry, today announced that its Board of Directors declared a quarterly cash dividend of $0.07 per share of Class A common stock to be paid on May 16, 2025, to holders of record as of the close of business on May 6, 2025. A comparable distribution of $0.07 per unit has also been approved to the unitholders of SES Holdings, LLC, which will be subject to the same payment and record dates. All future dividend payments are subject to quarterly review and approval by Select's Board of Directors.

About Select Water Solutions, Inc.

Select is a leading provider of sustainable water and chemical solutions to the energy industry. These solutions are supported by the Company's critical water infrastructure assets, chemical manufacturing and water treatment and recycling capabilities. As a leader in sustainable water and chemical solutions, Select places the utmost importance on safe, environmentally responsible management of water throughout the lifecycle of a well. Additionally, Select believes that responsibly managing water resources throughout its operations to help conserve and protect the environment is paramount to the Company's continued success.  For more information, please visit Select's website, https://www.selectwater.com. 

Contacts:	Select Water Solutions
	Garrett Williams
	VP – Corporate Finance & Investor Relations
	(713) 296-1010
	IR@selectwater.com
	Dennard Lascar Investor Relations
	Ken Dennard / Natalie Hairston
	(713) 529-6600
	WTTR@dennardlascar.com

 

View original content:https://www.prnewswire.com/news-releases/select-water-solutions-announces-quarterly-cash-dividend-of-0-07-per-share-302437325.html

SOURCE Select Water Solutions, Inc.

FAQ

What is the dividend amount for Select Water Solutions (WTTR) in Q2 2025?

Select Water Solutions (WTTR) declared a quarterly cash dividend of $0.07 per share for Q2 2025.

When is the ex-dividend date for WTTR's Q2 2025 dividend payment?

Shareholders must be on record by May 6, 2025, to receive the Q2 2025 dividend payment.

When will Select Water Solutions (WTTR) pay its Q2 2025 dividend?

The dividend payment will be distributed on May 16, 2025.

Do SES Holdings unitholders receive the same dividend as WTTR shareholders?

Yes, SES Holdings unitholders will receive a comparable distribution of $0.07 per unit with the same payment and record dates.