MarketWise (MKTW) Declares $0.01 Quarterly Dividend; 2.4% Yield

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Go back to MarketWise (MKTW) Declares $0.01 Quarterly Dividend; 2.4% Yield

MarketWise Announces Initiation of Quarterly Cash Dividend

May 11, 2023 7:00 AM EDT

BALTIMORE, May 11, 2023 (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 has approved the initiation of a dividend program pursuant to which the Company intends to pay quarterly cash dividends to holders of Class A common stock at an initial amount of $0.01 per share. A comparable distribution of $0.01 per share has also been approved to holders of MarketWise common units. The first dividend and distribution... More