Select Water Solutions Announces Dividend Distribution
Select Water Solutions, Inc. (NYSE: WTTR), renowned for its commitment to sustainable water and chemical solutions in the energy sector, has recently made headlines by declaring a quarterly cash dividend of $0.07 per share of its Class A common stock. This decision signifies the Board of Directors' confidence in the company's financial health and future prospects.
Dividend Declaration Details
The cash dividend is set to be paid on February 18 to all shareholders recorded as of the market close on February 6. Such announcements highlight the company’s ongoing efforts to provide value to its shareholders while maintaining its focus on sustainable practices in the energy industry.
Responsible Management Practices
As a leader in its field, Select Water Solutions prioritizes the responsible management of water resources, ensuring that all operations help conserve and protect the environment. This mindset is not only beneficial for ecological sustainability but also enhances the company's reputation among investors and the public alike.
Commitment to Sustainability
Select's robust infrastructure for water and chemical management, along with advanced recycling capabilities, places it in a unique position to lead the industry. The company dedicates significant resources to developing innovations that streamline the water lifecycle associated with energy production, enhancing operational efficiency.
Future Prospects and Shareholder Returns
Future dividends will be subject to quarterly reviews and approvals, reflecting the company's financial performance and strategic direction. Investors can look forward to more announcements that align with Select's commitment to financial discipline and shareholder value. As one of the prominent players in the sustainable solutions market, Select Water Solutions is poised for continued growth.
About Select Water Solutions, Inc.
Select Water Solutions stands out for its dedication to integrating sustainable practices within the energy industry. The company's innovative approaches to water management and its critical infrastructure assets are signs of its commitment to both environmental and financial sustainability.
Contact Information
If you have any inquiries regarding Select Water Solutions or its recent dividend announcement, please reach out to Garrett Williams, VP of Corporate Finance & Investor Relations, at (713) 296-1010. Additionally, you can connect with Dennard Lascar Investor Relations by calling (713) 529-6600 for further assistance.
Frequently Asked Questions
What is the amount of the announced dividend by Select Water Solutions?
The company has declared a dividend of $0.07 per share.
When will Select Water Solutions pay the announced dividend?
The dividend is scheduled to be paid on February 18 to shareholders on record as of February 6.
Who can I contact for more information about Select Water Solutions?
Garrett Williams, VP of Corporate Finance & Investor Relations, can be contacted at (713) 296-1010 for more information.
What does Select Water Solutions do?
Select Water Solutions provides sustainable water and chemical solutions, particularly to the energy sector, focusing on responsible water management.
Are future dividends guaranteed?
Future dividends are subject to quarterly reviews by the Board of Directors, reflecting the company's financial performance.
