MarketWise Declares Quarterly Dividend of $0.20 Per Share on Common Stock; Announces Special Dividend of $0.10 Per Share
Rhea-AI Summary
MarketWise (NASDAQ: MKTW) has announced two dividend payments for shareholders. The company declared a quarterly cash dividend of $0.20 per share for Class A common stock holders, with a matching $0.20 per unit distribution for MarketWise LLC unit holders. Additionally, a special dividend of $0.10 per share was announced, totaling approximately $0.3 million. Both the regular dividend and special dividend will be paid on June 25, 2025, with a record date of May 15, 2025.
MarketWise is a 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 multi-brand platform.Positive
- Regular quarterly dividend of $0.20 per share demonstrates consistent shareholder returns
- Additional special dividend of $0.10 per share provides extra value to shareholders
- Company maintains strong cash position enabling dividend payments
Negative
- Special dividend amount is relatively small at $0.3 million in aggregate
News Market Reaction 1 Alert
On the day this news was published, MKTW gained 1.22%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
BALTIMORE, May 02, 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, today announced that its Board of Directors declared a quarterly cash dividend to holders of Class A common stock of
The Company also announced a special dividend to shareholders 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
MarketWise Investor Relations Contact
(800) 290-4113
Email: ir@marketwise.com
MarketWise Media Contact
Email: media@marketwise.com