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Stock impact report

Select Water Solutions' (NYSE:WTTR) Dividend Will Be Increased To $0.06 [Yahoo! Finance]

Select Energy Services, Inc. Class A (WTTR) 
Last select energy services, inc. class a earnings: 2/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.selectenergyservices.com
Company Research Source: Yahoo! Finance
be 20% higher than last year's comparable payment amount of $0.05. This will take the dividend yield to an attractive 2.7%, providing a nice boost to shareholder returns. Select Water Solutions' Payment Has Solid Earnings Coverage Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. Based on the last payment, Select Water Solutions was paying only paying out a fraction of earnings, but the payment was a massive 145% of cash flows. The business might be trying to strike a balance between returning cash to shareholders and reinvesting back into the business, but this high of a payout ratio could definitely force the dividend to be cut if the company runs into a bit of a tough spot. Analysts expect a massive rise in earnings per share in the next year. If the dividend continues along recent trends, we estimate the payout ratio will be 11%, so there isn't too much pressure on the dividend. Select Water Solutions Is Still Building It Show less Read more
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