WisdomTree, Inc. (WT) To Go Ex-Dividend on May 13th

WisdomTree, Inc. (NYSE:WTGet Free Report) announced a quarterly dividend on Monday, April 27th. Investors of record on Wednesday, May 13th will be paid a dividend of 0.03 per share on Wednesday, May 27th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, May 13th.

WisdomTree has a payout ratio of 16.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect WisdomTree to earn $1.24 per share next year, which means the company should continue to be able to cover its $0.12 annual dividend with an expected future payout ratio of 9.7%.

WisdomTree Stock Performance

Shares of WisdomTree stock opened at $19.11 on Monday. The company has a debt-to-equity ratio of 2.37, a current ratio of 4.57 and a quick ratio of 4.18. The firm has a market cap of $2.92 billion, a P/E ratio of 46.61 and a beta of 1.13. The firm has a 50 day simple moving average of $16.03 and a 200 day simple moving average of $14.25. WisdomTree has a fifty-two week low of $9.24 and a fifty-two week high of $19.29.

WisdomTree (NYSE:WTGet Free Report) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. WisdomTree had a net margin of 11.26% and a return on equity of 33.31%. The business had revenue of $159.50 million during the quarter, compared to analyst estimates of $156.96 million. During the same quarter last year, the business posted $0.16 earnings per share. WisdomTree’s revenue for the quarter was up 47.5% compared to the same quarter last year. Sell-side analysts predict that WisdomTree will post 1.11 earnings per share for the current fiscal year.

WisdomTree Company Profile

(Get Free Report)

WisdomTree Investments, Inc (NYSE: WT) is a U.S.-based asset management firm specializing in exchange-traded funds (ETFs) and exchange-traded products (ETPs). Founded in 2006 by Jonathan Steinberg and headquartered in New York City, WisdomTree has developed a reputation for pioneering smart-beta and fundamentally weighted indexing approaches. The company designs strategies that seek to enhance returns and reduce volatility by weighting constituents based on dividends, earnings or other financial metrics rather than relying solely on market capitalization.

WisdomTree offers a broad suite of investment products covering equities, fixed income, currencies, commodities and digital assets.

See Also

Dividend History for WisdomTree (NYSE:WT)

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