Select Water Solutions's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Select Water Solutions (NYSE:WTTR) announced a quarterly dividend of 6 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday are eligible for the dividend, payable on February 20, 2024. The stock is expected to open 6 cents lower on the ex-dividend date.
February 01, 2024 | 2:45 pm
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Select Water Solutions announced a quarterly dividend of 6 cents per share, with an ex-dividend date this Tuesday. The stock is expected to open 6 cents lower due to the dividend payout.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price equal to the dividend amount on the ex-dividend date, as the stock price adjusts to reflect the payout. In this case, WTTR is expected to open 6 cents lower, directly correlating with the dividend amount.
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