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

Rhea-AI Summary

Select Water Solutions (NYSE: WTTR) has announced a quarterly cash dividend of $0.07 per share of Class A common stock. The dividend will be paid on February 14, 2025, to shareholders of record as of February 4, 2025. Additionally, SES Holdings unitholders will receive a comparable distribution of $0.07 per unit under the same payment schedule. The company, which specializes in sustainable water and chemical solutions for the energy industry, notes that all future dividend payments will require quarterly review and approval from Select's Board of Directors.

Positive

• Maintains consistent quarterly dividend payment of $0.07 per share
• Extends dividend benefits to SES Holdings unitholders

Negative

• None.

GAINESVILLE, Texas, Jan. 23, 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 February 14, 2025, to holders of record as of the close of business on February 4, 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-302358567.html

SOURCE Select Water Solutions, Inc.

FAQ

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

Select Water Solutions will pay its quarterly dividend of $0.07 per share on February 14, 2025.

What is the record date for WTTR's Q1 2025 dividend?

The record date for Select Water Solutions' Q1 2025 dividend is February 4, 2025.

How much is Select Water Solutions' (WTTR) quarterly dividend per share?

Select Water Solutions' quarterly dividend is $0.07 per share of Class A common stock.

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

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