SELECT WATER SOLUTIONS ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.06 PER SHARE

Rhea-AI Summary

Select Water Solutions, Inc. (WTTR) declares a quarterly cash dividend of $0.06 per share of Class A common stock, with a comparable distribution for SES Holdings, The dividend will be paid on May 15, 2024, to shareholders of record as of May 3, 2024. Future dividend payments are subject to quarterly review by the Board of Directors.

Positive

• Select Water Solutions, Inc. announces a quarterly cash dividend of $0.06 per share of Class A common stock.
• Dividend payment date is set for May 15, 2024, with record date on May 3, 2024.
• Comparable distribution of $0.06 per unit approved for SES Holdings, unitholders.
• All future dividend payments are subject to quarterly review and approval by the Board of Directors.

Negative

• None.

HOUSTON, April 24, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions to the energy industry, today announced that its Board of Directors declared a quarterly cash dividend of $0.06 per share of Class A common stock, to be paid on May 15, 2024, to holders of record as of the close of business on May 3, 2024. A comparable distribution of $0.06 per unit has also been approved to the unitholders of SES Holdings, LLC, which will be subject to the same payment and record dates. All future dividend payments are subject to quarterly review and approval by Select's Board of Directors.

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.

WTTR-PR

Contacts:	Select Water Solutions
	Chris George – EVP & CFO
	(713) 296-1073
	IR@selectwater.com
	Dennard Lascar Investor Relations
	Ken Dennard / Natalie Hairston
	(713) 529-6600
	WTTR@dennardlascar.com

 

View original content:https://www.prnewswire.com/news-releases/select-water-solutions-announces-quarterly-cash-dividend-of-0-06-per-share-302126689.html

SOURCE Select Water Solutions, Inc.

FAQ

What is the amount of the quarterly cash dividend declared by Select Water Solutions, Inc. (WTTR)?

Select Water Solutions, Inc. (WTTR) declared a quarterly cash dividend of $0.06 per share of Class A common stock.

When will the dividend be paid to shareholders of Select Water Solutions, Inc. (WTTR)?

The dividend will be paid on May 15, 2024, to holders of record as of May 3, 2024.

Is there a comparable distribution for SES Holdings, unitholders announced by Select Water Solutions, Inc. (WTTR)?

Yes, a comparable distribution of $0.06 per unit has been approved for SES Holdings, unitholders.

Who will approve all future dividend payments for Select Water Solutions, Inc. (WTTR)?

All future dividend payments are subject to quarterly review and approval by Select's Board of Directors.