MarketWise, Inc. to Issue Dividend of $0.03 (NASDAQ:MKTW)

MarketWise, Inc. (NASDAQ:MKTW - Get Free Report) announced a dividend on Thursday, January 16th,investing.com reports. Investors of record on Thursday, January 30th will be paid a dividend of 0.03 per share by the newsletter publisher on Wednesday, February 26th. This represents a yield of 17.91%. The ex-dividend date is Wednesday, January 29th.3 Mid-Caps with Scary Good UpsideMarketWise has a dividend payout ratio of 15.4% meaning its dividend is sufficiently covered by earnings. MarketWise Stock Up 5.0 %MarketWise stock traded up $0.03 during trading hours on Thursday, hitting $0.67. The stock had a trading volume of 1,564,042 shares, compared to its average volume of 734,043. The business's 50 day simple moving average is $0.53 and its 200-day simple moving average is $0.72. MarketWise has a one year low of $0.46 and a one year high of $2.71. The stock has a market cap of $217.29 million, a price-to-earnings ratio of 5.58 and a beta of 0.38. MarketWise Company Profile (Get Free Report)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.Further ReadingFive stocks we like better than MarketWiseHow to Calculate Return on Investment (ROI)Cerence AI: One-Hit Wonder or Long-Term Winner After NVIDIA Pact?How to Choose Top Rated StocksUnitedHealth Group Pulls Back Into Another Healthy OpportunityInvesting In Preferred Stock vs. Common StockMicron Technology: Riding the AI Wave to Long-Term GrowthThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in MarketWise Right Now?Before you consider MarketWise, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MarketWise wasn't on the list.While MarketWise currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here