Select Water Solutions Increases Quarterly Cash Dividend From $0.06 To $0.07 Per Share
Portfolio Pulse from Benzinga Newsdesk
Select Water Solutions, Inc. (NYSE: WTTR) announced a 17% increase in its quarterly cash dividend, raising it from $0.06 to $0.07 per share. The dividend will be paid on November 15, 2024, to shareholders of record as of November 5, 2024. This increase reflects the company's commitment to returning value to shareholders.
October 25, 2024 | 12:04 pm
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Select Water Solutions has increased its quarterly dividend by 17% to $0.07 per share, indicating a positive outlook and commitment to shareholder returns.
The increase in dividend suggests that Select Water Solutions is confident in its financial health and future cash flows, which is typically viewed positively by investors. This could lead to a short-term increase in stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100