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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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.
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