WisdomTree: Dividend Insights
Portfolio Pulse from Benzinga Insights
WisdomTree (NYSE:WT) has announced a quarterly dividend of 3 cents per share. The stock will go ex-dividend on Tuesday, meaning it will likely open 3 cents lower. Shareholders who own WT as of the end of Monday's session are eligible to receive the dividend, which will be paid out on November 22, 2023.
November 02, 2023 | 2:45 pm
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NEUTRAL IMPACT
WisdomTree's announcement of a 3 cents per share dividend may cause the stock to open lower on Tuesday. However, this is a regular part of the dividend process and is not indicative of any underlying issues with the company.
The announcement of a dividend often leads to a decrease in the stock price equal to the amount of the dividend, as the company's assets are reduced by the amount of the dividend payout. This is a normal part of the dividend process and does not indicate any issues with the company's performance or outlook.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100