Wednesday Is Your Last Chance To Buy Marketwise Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Marketwise (NASDAQ:MKTW) announced a quarterly dividend of 1 cent per share, with Wednesday being the last day for investors to be eligible for this payout. The stock will go ex-dividend on Thursday, likely opening 1 cent lower. The dividend payout is scheduled for April 25, 2024.
March 11, 2024 | 2:45 pm
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Marketwise announces a quarterly dividend of 1 cent per share, with the stock going ex-dividend on Thursday, likely affecting its opening price.
The announcement of a dividend payout typically increases interest in a stock, but the ex-dividend date effect, where the stock opens lower by the dividend amount, may lead to a short-term price decrease. Given the specific mention of the stock opening lower, the short-term impact is likely negative.
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