WisdomTree: Dividend Insights
Portfolio Pulse from Benzinga Insights
WisdomTree (NYSE:WT) announced a quarterly dividend of 3 cents per share, with Monday being the last day for investors to be eligible. The stock will go ex-dividend on Tuesday, likely opening 3 cents lower. Dividends will be paid on February 28, 2024.
February 08, 2024 | 2:45 pm
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WisdomTree announces a quarterly dividend of 3 cents per share, with the stock going ex-dividend on Tuesday, indicating a likely opening price adjustment.
The announcement of a dividend payout typically leads to a short-term price adjustment to reflect the payout value, in this case, a 3 cents decrease in the stock's opening price on the ex-dividend date. This is a common market reaction to dividend payouts.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100