WisdomTree's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
WisdomTree (NYSE:WT) has announced a quarterly dividend of 3 cents per share. The ex-dividend date is Tuesday, meaning the stock will likely open 3 cents lower to reflect the payout. Shareholders who own WT as of the end of Monday's session are eligible to receive the dividend, which will be paid out on August 23, 2023.
August 04, 2023 | 1:38 pm
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WisdomTree's stock price is expected to open lower on Tuesday due to the ex-dividend date. The dividend payout may attract more investors, potentially leading to increased demand for the stock.
The ex-dividend date is the date when the stock price is adjusted downwards to reflect the dividend payout. This is a normal occurrence and does not reflect negatively on the company. The announcement of a dividend payout can attract income-focused investors, potentially leading to increased demand for the stock.
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