WisdomTree, Inc. (WT) to Issue Quarterly Dividend of $0.03 on February 25th

WisdomTree, Inc. (NYSE:WTGet Free Report) declared a quarterly dividend on Wednesday, January 28th. Shareholders of record on Wednesday, February 11th will be paid a dividend of 0.03 per share on Wednesday, February 25th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Wednesday, February 11th.

WisdomTree has a dividend payout ratio of 16.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect WisdomTree to earn $0.79 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 15.2%.

WisdomTree Stock Up 1.7%

NYSE WT opened at $15.76 on Monday. The business has a fifty day moving average price of $13.52 and a two-hundred day moving average price of $13.13. The stock has a market capitalization of $2.22 billion, a PE ratio of 21.01 and a beta of 1.09. WisdomTree has a fifty-two week low of $7.47 and a fifty-two week high of $17.09. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.75 and a quick ratio of 1.37.

WisdomTree (NYSE:WTGet Free Report) last announced its quarterly earnings data on Friday, January 30th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.06. WisdomTree had a return on equity of 30.24% and a net margin of 22.10%.The business had revenue of $147.40 million during the quarter, compared to the consensus estimate of $142.78 million. During the same period in the prior year, the company earned $0.17 EPS. WisdomTree’s revenue for the quarter was up 33.2% on a year-over-year basis. Equities analysts expect that WisdomTree will post 0.72 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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