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MarketWise sets quarterly dividend for Class A stock at $0.01

EditorAhmed Abdulazez Abdulkadir
Published 03/05/2024, 10:43 AM
© Reuters.

BALTIMORE - MarketWise, Inc. (NASDAQ: MKTW), a prominent provider of digital subscription services for financial research and tools, declared on Tuesday a quarterly cash dividend for its Class A common stock shareholders. The dividend, set at $0.01 per share, is slated for distribution on April 25, 2024, with a record date of March 15, 2024.

Similar to the dividend for common stockholders, MarketWise has also approved a $0.01 per unit distribution for holders of MarketWise, LLC units. This move reflects the company's ongoing commitment to deliver value to its investors.

MarketWise operates exclusively online, offering its services through various platforms, including mobile, desktop, and tablets. Its portfolio encompasses a range of products designed to serve self-directed investors, from financial research and education to actionable investment ideas and investment software. With over 20 years in the industry, MarketWise has established a significant presence, catering to a broad community of both free and paid subscribers.

This announcement is based on a press release statement from MarketWise.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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