DividendAug 5, 2026, 05:18 PM
MarketWise Declares $0.45 Quarterly Dividend, Recharacterizes Portion
AI Summary
MarketWise, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.45 per share for holders of Class A common stock, payable on September 30, 2026, to shareholders of record on August 19, 2026. A $0.25 per unit distribution was also approved for MarketWise, LLC units. The company recharacterized a $0.20 portion of the dividend, previously considered "special" due to excess tax distributions, as "regular," resulting in the entire $0.45 quarterly dividend now being classified as regular.
Key Highlights
- Board declared a quarterly cash dividend of $0.45 per share for Class A common stock.
- A distribution of $0.25 per unit was approved for MarketWise, LLC units.
- The total quarterly dividend of $0.45 will now be characterized as "regular".
- Previously, $0.20 of the dividend was characterized as "special" due to excess tax distributions.
- The dividend and distribution will be paid on September 30, 2026.
- The Record Date for the dividend is August 19, 2026.
Price Impact
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