Select Water Solutions Offers Attractive Dividend Yield

In a recent report, Select Water Solutions Inc is highlighted for yielding above 2% based on its quarterly dividend. This return is seen as favorable compared to historical market returns, suggesting potential stock price stability and investor interest going forward.

Date: 08-11-2024

AI Rating: 7

Select Water Solutions Inc (Symbol: WTTR) has recently been noted for its quarterly dividend, yielding above 2%. With an annualized dividend of $0.28 and trading as low as $13.87, this yield can attract dividend-seeking investors. The argument is made that dividends play a crucial role in total stock market returns, and WTTR's yield represents a potentially sustainable income stream.

The report compares the performance of an index ETF to elucidate the significance of dividends. Over a twelve-year period, despite a nominal loss in stock price, dividend collections significantly enhanced total returns, suggesting that dividends can provide greater stability and attractiveness in terms of return on investment.

However, it's crucial to note that dividends often fluctuate in accordance with a company’s profitability. While Select Water Solutions has provided this yield, the future of the dividend's sustainability should be evaluated closely, particularly given market volatility. A history of dividend increases would support the continuation of such a yield.

Stocks: WTTR