Given the strong balance sheet of MarketWise, Inc., and after a capital allocation review, the Company announced a special dividend to shareholders of Class A common stock of $0.15 per share. A comparable distribution of $0.15 per unit has also been approved to holders of MarketWise, LLC units. The dividend and distribution, which totals approximately $50 million in the aggregate, will be paid on December 1, 2023, to shareholders and unitholders of record as of November 10, 2023.
Market Closed -
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5-day change | 1st Jan Change | ||
1.3 USD | -.--% | -9.72% | -52.38% |
May. 15 | MarketWise, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
May. 03 | MarketWise, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on June 25, 2024 | CI |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-52.38% | 56.13M | |
+21.07% | 77.46B | |
-12.46% | 39.23B | |
+13.48% | 37.74B | |
-6.43% | 28.6B | |
-15.26% | 15.41B | |
+4.67% | 13.97B | |
+10.21% | 10.44B | |
-18.03% | 4.25B | |
-38.44% | 3.81B |
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- MarketWise, Inc. Declares Special Dividend, Payable on December 1, 2023