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Select Water Solutions Declares Quarterly Dividend

On January 23, 2025, Select Water Solutions, Inc. (NYSE: WTTR) announced its decision to issue a quarterly cash dividend of $0.07 per share of Class A common stock. This decision reflects the company's dedication to providing returns to its shareholders and maintaining transparency in its financial practices.

The dividend payment will be made on February 14, 2025, to all shareholders who are on record by the close of business on February 4, 2025. This quarter's dividend aligns with Select's consistent commitment to creating a value-oriented environment for its investors.

In addition to the dividends for shareholders, the Board of Directors has approved a similar distribution of $0.07 per unit for unitholders of SES Holdings, LLC. The timing for this payment corresponds directly to the same payment and record dates as for the shareholders, ensuring that all stakeholders are treated equitably.

About Select Water Solutions

Select Water Solutions is a prominent provider of sustainable water and chemical solutions catered towards the energy sector. The company takes pride in its robust water infrastructure assets, alongside advanced capabilities in chemical manufacturing, water treatment, and recycling. As a leader in this niche, Select Water Solutions is committed to promoting safe and environmentally-conscious water management practices across all stages of a well’s lifecycle.

The leadership team at Select emphasizes the vital role of responsible water management in sustaining organizational success while also prioritizing environmental protection. By committing to responsible operational practices, they not only aim to conserve precious water resources but also promote an environmentally sound approach that resonates with their forward-looking corporate values.

For more detailed information about Select Water Solutions and its initiatives, stakeholders can visit their official website at Select Water.

Maintaining a quarterly review process for future dividend payments, the Board highlights that the company's financial health will influence upcoming distributions. As the energy sector shifts towards increased focus on sustainability, this dividend announcement reflects Select’s confidence in its strategic decisions and operational performance.

The commitment to shareholder returns while maintaining environmentally responsible practices sets Select Water Solutions apart as an affirming choice for investors interested in sustainable businesses that are poised for growth. By bolstering its reputation as a trusted provider in the energy industry, Select Water Solutions is well-aligned with the evolving demands and expectations of modern stakeholders.

Conclusion

The announcement of the quarterly cash dividend not only illustrates Select Water Solutions' financial robustness but also underlines its proactive approach in strengthening relations with its shareholders. Through this strategic move, the company is reinforcing its dedication not just to fulfilling dividends, but also to promoting sustainability within the energy sector, paving the way for more eco-friendly operational methodologies.