Weibo Corp Board Approved a Special Cash Dividend of $0.82/Share and ADS
Portfolio Pulse from Benzinga Newsdesk
Weibo Corp's board has approved a special cash dividend of $0.82 per share and ADS, payable to shareholders on record as of April 12, 2024.
March 14, 2024 | 9:04 am
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POSITIVE IMPACT
Weibo Corp announces a special cash dividend of $0.82 per share and ADS, payable to shareholders on record by April 12, 2024.
Special dividends often lead to positive investor sentiment as they are seen as a sign of financial health and shareholder value. This announcement is likely to increase investor interest in Weibo Corp, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100