Select Water Solutions Boosts Quarterly Cash Dividend By 20% From $0.05 To $0.06 Per Share
Portfolio Pulse from Benzinga Newsdesk
Select Water Solutions (WTTR) has announced a 20% increase in its quarterly cash dividend from $0.05 to $0.06 per share. The dividend will be paid on November 17, 2023, to holders of record as of the close of business on November 7, 2023.
October 26, 2023 | 8:55 pm
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Select Water Solutions has increased its quarterly cash dividend by 20%, which may make the stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating that a company is confident in its future earnings. This could potentially attract more investors, driving up the demand and price of the stock in the short term.
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