MarketWise Declares Dividend on Common Stock
Rhea-AI Summary
MarketWise (NASDAQ: MKTW) has declared a quarterly cash dividend of $0.01 per share for Class A common stockholders, as announced by its Board of Directors on February 27, 2025. The company will also distribute $0.01 per unit to MarketWise unit holders.
The dividend and distribution payment is scheduled for March 31, 2025, with a Record Date of March 18, 2025. MarketWise operates as a leading multi-brand digital subscription services platform, providing premium financial research, software, education, and tools for self-directed investors. With over 25 years of operating history, the company serves millions of free and paid Subscribers through its 100% digital, direct-to-customer platform across various devices including mobile, desktops, and tablets.
Positive
- Consistent dividend payment maintained
- 25+ years operating history
- Large subscriber base of millions
- 100% digital business model reducing operational costs
Negative
- Low dividend amount of $0.01 per share indicates cash distribution to shareholders
News Market Reaction 1 Alert
On the day this news was published, MKTW gained 8.61%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
BALTIMORE, March 03, 2025 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, announced that its Board of Directors declared a quarterly cash dividend to holders of Class A common stock of
About MarketWise
Founded with a mission to level the playing field for self-directed investors, today MarketWise is a leading multi-brand subscription services platform providing premium financial research, software, education, and tools for investors.
With more than 25 years of operating history, MarketWise serves a community of millions of free and paid Subscribers. MarketWise’s products are a trusted source for high-value financial research, education, actionable investment ideas, and investment software. MarketWise is a
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s performance and ability to generate cash flow. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including those described in the “Risk Factors” section of the Company’s most recently filed periodic reports on Forms 10-K and 10-Q. The Company assumes no obligation to update or revise these forward-looking statements for any reason, even if new information becomes available in the future, unless required by law.
MarketWise Investor Relations Contact Information
(800) 290-4113
Email: ir@marketwise.com
MarketWise Media Contact
Email: media@marketwise.com
FAQ
What is the dividend amount and payment date for MarketWise (MKTW) Q1 2025?
Who is eligible for MarketWise's March 2025 dividend distribution?
What is the Record Date for MarketWise's Q1 2025 dividend?
How does MarketWise (MKTW) deliver its financial research products to subscribers?
