Select Water Solutions Announces Quarterly Cash Dividend of $0.07 Per Share
Select Water Solutions (NYSE: WTTR) declared a quarterly cash dividend of $0.07 per share of Class A common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Select Water Solutions (NYSE: WTTR) declared a quarterly cash dividend of $0.07 per share of Class A common stock. The dividend will be paid on February 18, 2026 to shareholders of record as of the close of business on February 6, 2026. A comparable $0.07 per unit distribution was approved for unitholders of SES Holdings, LLC, with the same record and payment dates. All future dividends are subject to quarterly review and approval by Select's Board of Directors.
Positive
- $0.07 quarterly cash dividend declared per Class A share
- Dividend payment date: February 18, 2026
- Record date set for February 6, 2026
- Comparable $0.07 distribution approved for SES Holdings unitholders
Negative
- All future dividend payments are subject to quarterly Board review, creating payout uncertainty
Details
News Market Reaction – WTTR
On Jan 23, the first trading day after this news, WTTR closed 2.04% below the previous close.
Data tracked by StockTitan Argus for the Jan 23 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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 | |
Dennard Lascar Investor Relations | |
Ken Dennard / Natalie Hairston | |
(713) 529-6600 | |
View original content:https://www.prnewswire.com/news-releases/select-water-solutions-announces-quarterly-cash-dividend-of-0-07-per-share-302667151.html
SOURCE Select Water Solutions, Inc.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.