MarketWise, Inc. (NASDAQ:MKTW - Get Free Report) declared a quarterly dividend on Thursday, February 27th, RTT News reports. Stockholders of record on Tuesday, March 18th will be given a dividend of 0.01 per share by the newsletter publisher on Monday, March 31st. This represents a $0.04 annualized dividend and a dividend yield of 5.55%. The ex-dividend date is Tuesday, March 18th.
MarketWise has a dividend payout ratio of 15.4% indicating that its dividend is sufficiently covered by earnings.
MarketWise Stock Down 5.6 %
MarketWise stock traded down $0.04 during trading on Friday, reaching $0.72. The stock had a trading volume of 306,192 shares, compared to its average volume of 664,763. The stock has a market cap of $233.84 million, a PE ratio of 6.01 and a beta of 0.36. The business has a 50 day moving average price of $0.60 and a 200 day moving average price of $0.62. MarketWise has a 52-week low of $0.46 and a 52-week high of $2.12.
MarketWise (NASDAQ:MKTW - Get Free Report) last released its quarterly earnings data on Thursday, March 6th. The newsletter publisher reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.02. The company had revenue of $97.48 million for the quarter, compared to analysts' expectations of $77.36 million. MarketWise had a net margin of 1.20% and a negative return on equity of 1.89%.
MarketWise Company Profile
(
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MarketWise, Inc operates a content and technology multi-brand platform for self-directed investors in the United States and Internationally. Its platform includes subscription businesses that provides financial research, software, education, and tools to navigate the financial markets. The company offers various investment strategies, such as value investing, income, growth, commodities, cryptocurrencies, venture, crowdfunded investing, biotechnology, mutual funds, options, and trading; investment research product portfolio through a range of media, including desktops, laptops, tablets, and mobile; and financial newsletters.
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