Select Water Solutions Inc Offers Attractive Dividend Yield Above 3%

In the stock market analysis from Dividend Channel, shares of Select Water Solutions Inc (Symbol: WTTR) have drawn attention as they surpassed a 3% yield based on their quarterly dividend, which is annualized at $0.28. On Thursday, the stock traded as low as $9.23. Dividends matter considerably to investors because they have historically contributed a significant portion of the stock market’s total returns.

Consider the example of the iShares Russell 3000 ETF (IWV). If you purchased shares on May 31, 2000, at a price of $78.27 per share, you would have faced a slight decline to $77.79 by May 31, 2012, equating to a loss of $0.48 or 0.6% over that twelve-year span. However, the dividends collected during this time amounted to an impressive $10.77 per share, enhancing your total return to 13.15%. Even with reinvested dividends, the average annual total return was just about 1.0%. Therefore, a sustainable yield above 3% can seem particularly appealing in comparison.

Select Water Solutions Inc stands as a member of the Russell 3000, signifying its position among the largest 3,000 companies on U.S. stock markets.

The predictability of dividend amounts can often be uncertain, usually fluctuating in line with a company’s profitability. To assess the likelihood that Select Water Solutions Inc will maintain its current dividend, examining its historical dividend chart for WTTR can provide helpful insights.

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Also see:

• Best Cheap Dividend Stocks
• Marsh and McLennan Companies Average Annual Return
• PARA Market Cap History

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.