Waterdrop Declared Special Cash Dividend Of $0.04/ADS Or $0.004/ Ordinary Share
Portfolio Pulse from Benzinga Newsdesk
Waterdrop has announced a special cash dividend of $0.04 per ADS or $0.004 per ordinary share for 2023, payable in April-May 2024 to shareholders of record as of April 19, 2024.

March 26, 2024 | 10:06 am
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Waterdrop declares a special cash dividend of $0.04 per ADS or $0.004 per ordinary share, payable in April-May 2024.
The announcement of a special cash dividend is typically viewed positively by the market as it reflects the company's financial health and commitment to returning value to shareholders. This could lead to a short-term increase in the stock price of Waterdrop (WDH) as investors may buy into the stock to avail of the dividend. However, the actual impact on the stock price will depend on broader market conditions and investor sentiment.
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